Tax shock prompts indie publishers into fire sale.
The article reports that the sliding scale of the "taper relief" provision of the capital gains tax (CGT) in Great Britain will be replaced by a flat rate. According to the article, small businesses, such as independent publishers, tend to benefit the most from taper relief because of the amount of...
| Publicado en: | Bookseller no. 5303; p. 6 |
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| Autor principal: | |
| Formato: | Artículo |
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Bookseller Media Ltd
10/19/2007
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The article reports that the sliding scale of the "taper relief" provision of the capital gains tax (CGT) in Great Britain will be replaced by a flat rate. According to the article, small businesses, such as independent publishers, tend to benefit the most from taper relief because of the amount of savings for investors. The publishing industry is reportedly upset by the news. |
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