Anglo-American Corporate Taxation

Publisher: Cambridge University Press; hardback

From the outset it is important to appreciate that this is not a book for tax practitioners and it does not assist directly with UK and US tax-planning.

Instead it charts the history of the corporate income tax systems in the UK and US over the past 200 years.

It identifies factors that help to explain why the corporate income tax systems have diverged and converged over the years and it assesses the implications for the future of corporate income taxation in the two countries and around the globe.

The book is well structured in three separate parts.

Part 1 is chronological and provides the reader with an in-depth understanding of how each country’s corporate tax system whether classical or integrated in design has changed over the years through the challenges of wars depression and political and economic...