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Corporate Taxation

Volume 977: debated on Tuesday 29 January 1980

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asked the Chancellor of the Exchequer what is the percentage of Government revenues contributed by the corporate sector in each of the EEC member States, distinguishing

PERCENTAGE OF TOTAL TAX REVENUES
Corporate taxes on income, profits and capital gainsRecurrent taxes on net wealth of corporations
19761977197819761977
Central or federal governmentLocal or state governmentCentral and local governmentCentral and local government
Belgium6·020·756·175·9
Denmark3·260·583·103·2
France5·775·584·7
Germany1·822·795·485·80·760·85
Ireland4·394·10NANANA
Italy5·900·346·348·3
Luxembourg11·985·1418·6921·42·232·16
Netherlands6·976·766·3
United Kingdom4·806·868·0
Notes:
1. The figures are derived from "Revenue Statistics of OECD Member Countries 1965–78"and the definitions follow those used in that publication.
2. The 1978 figures are provisional.
3. The figures are expressed as a percentage of total tax revenue of central and local Government, including social security contributions but excluding the non taxation receipts of Government for example, rent, dividends and interest.
4. Figures for the corporate sector's share of the equivalent of United Kingdom local authority rates in other EEC countries are not available. In the United Kingdom non-domestic rates are estimated to amount to about 6 per cent. of total tax revenue for 1978. This figure relates, however, to a sector that is wider than the corporate sector.
5. NA denotes that the figure is not available.