AUTOREFRESH 
Portugal proposes corporate tax cuts
By admin || October 8, 2008 at 14:31 GMT
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In an effort to revive its economy, Portugal is proposing to cut its corporate tax rate to 12.5% from 25%, close to Ireland’s EU-low of 10%. The US trails Japan with the second highest corporate tax in the developed world, 35%. Look for Portugal’s EU partners to scream bloody murder about the cut.
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