Reduction in corporate tax from 35% to 25% for Manufacturing companies. SMEs


I support the idea because we are in a competitive World where corporate tax in the UK is 20%, in Danmark and Sweden it is 22%, in Spain 25%, 12.5% in Ireland, 9% in Hungary, 21% in Slovakia. France will also be reducing its corporate tax rate from 33.3% to 25% following the election of Macron. Malta cannot afford to keep its corporate tax rate at 35%.

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