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Real-time taxation takes hold worldwide as corporate tax rates continue to fall, but it's not the rate, it's the system.
Tax rates on corporate profits have continued their long decline in the past year, but governments worldwide are increasingly looking to taxes on goods and services to make up shortfalls in public revenues, with profound effects on business. This is the main conclusion of KPMG International’s latest survey which covers 106 countries, including the 30 member countries of the OECD.

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