Corporation Tax

HC Deb 17 June 1975 vol 893 c401W

Mr. Hordern

asked the Chancellor of the Exchequer if he will publish a table showing the proportion of revenue provided by corporation tax in the United Kingdom, the United States of America, West Germany, France and Japan, respectively.

Mr. Robert Sheldon

The following information, which is taken from Revenue Statistics of OECD Member Countries 1965–72, Part III Table 15, shows taxes on corporate income as a percentage of total taxation—including social security contributions and local taxes—in the countries specified for 1972:

United Kingdom	…	7.1	per cent.
USA	…	11.19	per cent.
West Germany	…	4.67	per cent.
France	…	5.94	per cent.
Japan	…	18.24	per cent.

I regret that this information is not available for later years.