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13th-15th Oct. 25TH CFT Asia/Textile Asia in Lahore Booth No. B190

13th-15th Oct. 25TH CFT Asia/Textile Asia in Lahore Booth

8th -14th JUNE ITMA 2023 in Fiera Milano

JUNE ITMA 2023 in Fiera Milano

June 1-3, 19TH INTERNATIONAL ISTANBUL YARN FAIR Booth No. EF507

June 1-3, 19TH INTERNATIONAL ISTANBUL YARN FAIR Booth

British Prime Minister Theresa May promises to continue to lower corporate tax

According to the British "Financial Times" report, British Prime Minister Theresa May promised that the government will continue to reduce corporate tax rates. At present, the UK corporate income tax rate is 19%, which is the lowest among the G7 and Western advanced economies. The Conservatives promised that the corporate tax rate will be reduced to 17% by 2020. Among EU countries, Irish companies have relatively low tariffs of only 12.5%.

The textile and garment industry has entered a period of weak recovery, and the most difficult period will still pass.

Recently, the People’s Daily has conducted an in-depth investigation of more than 100 entities in three provinces and six cities. The most difficult period is basically the past, but it may be repeated.

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