2 comments:

1. Tax is just one of a range of factors that contribute to global competitiveness – along with highly skilled labour, quality infrastructure and internationalism and openness. However, where competitive tax regime might once have been sixth or seventh on the list of factors influencing corporate location, it is increasingly obvious that corporates view it is more of a determining factor. The UK has recently seen its corporate taxation regime come under increasing scrutiny, following in the wake of a number of relocations by large companies, however, the UK cities, particularly London and Glasgow are still performing well on the climate governments create through tax policies and incentives although lagging behind the Dublin, Geneva and Amsterdam, the main source of the aforementioned corporate relocations.

   Commented by Elaine Rossall - October 5, 2009 at 4:56 pm

2. Ask Swiss residents about Capital Gains Tax (CGT), which in England is set at 18%, and they will shrug their shoulders in disbelief – for no such tax even exists in Switzerland. Both corporate taxation and business rates are also markedly lower on the Swiss side of the Alps- which may all add up to a flight away from the UK to what are perceived as more business friendly destinations

   Commented by Alex Ash (C&W Business Consulting) - October 5, 2009 at 5:01 pm