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Tue, 19 Feb, 2013 01:34:16 AM
FTimes-STT Report, February 19

 

The Foreign Minister, Erkki tuomioja on Monday viewed that the implementation of the new proposed corporate tax structure could be possible under certain conditions.

The minister made the remarks in his blog where he said that taxation structure is not a holy thing at all and there is evidence that the tax would support for better healthy business environment as well as the new job creation.

Reminding the Corporate structure, he said that the reduced corporate tax rate could be introduced, if the corporations spend significant extra amount for payment and bonus of the employees.

The minister also said that unfair tax evasion can be reduced by proper clarification. 

Earlier, the union of the corporate business, EK has proposed a reduced corporate tax of 15 percent  for the upcoming fiscal year.

 
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