Dennis Chung, chartered accountant and consultant, welcomes Minister of Finance and the Public Service Audley Shaw (left), guest speaker at the Investor’s Choice Investment 2008 Seminar, Terra Nova All-Suite Hotel, on Wednesday. Government is actively considering reducing the corporate tax rate to equalise with that of personal income tax, Minister of Finance Audley Shaw said Wednesday night. The Minister, speaking at the annual Investor’s Choice Inves-tment ’08 seminar in Kingston, said the measure was under consideration as a means of boosting tax compliance. Last November, Financial Secretary Colin Bullock revealed that the rate of tax compliance was only 30 per cent, but that the rate of corporate tax compliance was even worse, at 10 per cent. read more

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