Organization as Metaphor: Using Morganâs Metaphors as a Transitional Framework - One of the greatest challenges for a new leader is earning the respect and cooperation of his or her subordinates, and using that respect to make the organization or work team more effective.
The worldwide average top corporate income tax rate (accounting for 173 countries and tax jurisdictions) is 22.9 percent, 29.8 percent weighted by GDP. By region, Europe has the lowest average corporate tax rate at 18.7 percent (26.1 percent weighted by GDP). Africa has the highest simple average at 28.77 percent. Larger, more industrialized countries tend to have higher corporate income tax rates than developing countries.
Prior to 1 April 2015, a lower rate was in place for small profits (broadly up to GBP 1.5 million). From 1 April 2015, this rate is unified with the main rate of corporation tax into a single rate of 20% for all profits.Where the taxable profits can be attributed to the exploitation of patents, a lower effective rate of tax applies. For 2015/16, the rate is 12%, reducing to 10% from 1 April 2017. non-resident company is subject to UK corporation tax only on the trading profits of a UK PE. Any other UK-source income received by a non-resident company is subject to UK income tax at the basic rate, currently 20%, without any allowances (subject to any relief offered by a double tax treaty [DTT], if applicable).