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* Rise In UK Corporate Tax Revenues Eases Pressure On Brown To Raise Tax

An unexpected windfall in UK corporate tax revenues last month has left the Treasury’s finances in better shape than anticipated, although economists remain sceptical that future tax h

* Latvia To Adopt 12.5% Corporate Tax Rate

The Latvian government has announced that it intends to reduce its corporate tax rate to 12.5%, which would bring it on a level with Ireland, which currently has the lowest company tax rate

* Individual Tax Cuts Pass Australian Parliament

Income tax cuts for Australian individuals earning between $52,000 and $80,000 have this week been passed by the federal parliament, despite strongly stated opposition by the Australian Demo