But if you reduce the statutory rate
to 25 percent or some number that's globally competitive in a territorial system, then the incentive to move offshore disappears.
We believe the following major factors explain the deviation of actual returns on RAB from the statutory rates
A statutory rate
cut would therefore reduce retailers' effective tax rates, which we estimate at an average of 35% over the past five years.
45%) rather than the New York statutory rate
(9%) for breach of contract.
He told the national conference of the GMB union that Labour would not just increase the statutory rate
, it will narrow the gap between the minimum wage and average earnings.
13 an hour - a 2% increase - while for 16 and 17-year-olds the statutory rate
will rise by 7p to PS3.
65 an hour - less than half the statutory rate
for adults - was cited as a "major deterrent.
85, well above the statutory rate
for the national minimum wage.
The Government is planning a fresh crackdown on bosses who fail to pay the national minimum wage, ministers announced today as the latest increase in the statutory rate
came into effect.
Employers who fail to pay the statutory rate
, currently pounds 5.
Union leaders have called for the minimum wage to be increased to pounds 6 an hour by 2008 and say more should be done to force employers to pay the statutory rate
M sought a fee award in excess of the statutory rate
because of his attorney's (E's) expertise in tax investigation and assessment, tax litigation and experience as an IRS Special Agent.