Be the first to like this
CEOs are anxious about the global economy, and their confidence about growth, in the short term at least, remains fragile. Many are casting a wary eye over how governments are addressing their deficits — and seeing a potentially rising tax burden as the key threat to their business’s growth.
And this worry is not unfounded: after an eight-year trend of decline, the total tax rate appears to be stabilizing. Our 2013 Paying Taxes study also reveals that corporate income tax — the headline tax — in fact makes up just over a third of organizations' total tax rate contribution.