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Full Report: Ten Reasons to Defend the Corporation Tax

Author: Tax Justice Network, Published on: 17 March 2015

The corporate income tax is one of the most precious of all taxes. Yet it is under attack...As this document explains, it holds your country's whole tax system together. It is one of the best ways to tax capital, and it can powerfully curb...inequalities. It helps rebalance distorted economies...It protects democracy. It boosts financial transparency...and curbs criminal behaviour...It stops large multinational corporations...from extracting wealth from societies by free-riding off taxpayer-funded roads, education systems, courts and health services. It protects developing countries in particular, boosting self-reliance...And of course it raises trillions in revenue,...which governments use...for providing essential public services. Many of these things are hard to measure, and often get airbrushed out of the equation...This document outlines ten solid reasons to defend the corporate income tax. It also explodes seven popular myths about the tax...[Refers to American Electric Power, Apache, Atmos Energy, Boeing, CenterPoint CMS Energy, Corning, Duke Energy, Energy, FirstEnergy, General Electric, Google, Integrys Energy Group, Interpublic Group, NiSource, Northeast Utilities, Paccar, PepsiCo, PG&E, PricewaterhouseCoopers, Ryder, SABMiller, Tenet Healthcare, Verizon]

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Related companies: American Electric Power Apache Atmos Energy Boeing CenterPoint Energy CMS Energy Corning Duke Energy FirstEnergy General Electric Google (part of Alphabet) Integrys Energy Group Interpublic Group NiSource Northeast Utilities Paccar PepsiCo PG&E PricewaterhouseCoopers Ryder SABMiller (part of Anheuser-Busch InBev) Tenet Healthcare Verizon