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...

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Detalles Bibliográficos
Publicado en:Bookseller no. 5303; p. 6
Autor principal: Tivnan, Tom
Formato: Artículo
Publicado: Bookseller Media Ltd 10/19/2007
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        Capital gains tax
        Publishing
        Taxation of investments
        Tax rates
        United Kingdom
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          United Kingdom
          Capital gains tax
          Publishing
          Taxation of investments
          Tax rates
      ab: 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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