TITLE

Rash ACT

AUTHOR(S)
Gray, Malcolm
PUB. DATE
July 1997
SOURCE
Public Finance;07/11/97, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
States that the abolition of advanced corporation tax (ACT) credits to pension funds in the budget developed by British Labour's Gordon Brown may turn out to be a short-term solution that creates long-term problems. Effects of the ACT abolition on pension funds; Claim by Gordon that the abolition will encourage the retention of earnings and the promotion of research and investment. INSET: Pension notes..
ACCESSION #
9711255132

 

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