The UK corporation tax rate is currently 23% and is set to drop to 21% next year.
Well, the assumption's behind it don't go for the Irish target of a 12.5% corporation tax rate.
Capital allowances to help investment in certain sectors look more affordable than a cut in the headline corporation tax rate.
But the dividends are received by investors as if they have already paid basic rate income tax (the corporation tax rate is about the same as the basic income tax rate).
That part of the document will be of interest to the incoming government in Dublin, as the Republic has faced pressure from other European countries to raise its comparatively low corporation tax rate.
And as some of you may become tired of hearing in the coming weeks, month and years, a corporation tax rate of 20% would be the joint lowest rate of any of the large G20 economies.
Commenting following the publication of the report, Eamonn Donaghy of the Northern Ireland Economic Reform Group said that the Irish Republic had "fought tooth and nail" to keep its corporation tax rate of 12.5% in negotiations over its economic future last year.
On the BBC's Inside Politics over the weekend, Brussels-based analyst Nicholas Whyte thought that, even in a future more tightly controlled Euro zone, Dublin will still fight fiercely to retain its low corporation tax rate, although this may mean making budgetary sacrifices elsewhere.
You get to move your company around to any of the EU or EEA countries (and absolutely no one at all is allowed to stop you in any manner at all) and this puts pressure on each country to keep the corporation tax rate low.
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The closest it could come was by borrowing a calculation of a similar move for Northern Ireland, suggesting that a cut to the Irish Republic's corporation tax rate of 12.5% would raise growth rates in the province by 1% each year, and create 58, 000 jobs by 2030.
Apparently when David Cameron had one of his regular meetings with business leaders on Friday, he told the assembled corporate eminences that they had a moral duty to ensure their companies paid the full corporation tax rate, given that the government has been cutting that rate and continues to do so.
Which, of course, does not absolve the government from responsibility for writing tax rules in such a way as to prevent companies paying significantly less than the official corporation tax rate - which, of course, is not easy in a globalised world where businesses can move their domiciles and can shunt revenues more or less wherever they choose.
However, chief executive Liz Cameron welcomed plans to reduce headline levels of corporation tax and cut the rate of corporation tax for small companies to 20%.
Northern Ireland is now agitating to cut its corporation-tax rate from Britain's 26% to something more like the 12.5% in Ireland.
That would take the rate of corporation tax to 21% - and makes it almost inevitable that by the time of the 2015 election, the mainstream rate of corporation tax will be 20%.
How the average corporation pays a tax rate of less than 15%, and how several pay a tax rate of 0%.
The tax is aimed at correcting a budget deficit in the island which is also introducing a zero rate corporation tax.
BBC: NEWS | Europe | Jersey | ?1m cost of implementing new tax
So, having elected to go the company, corporate, route Livingstone faced the choice of, having delayed that income recognition for his own personal tax purposes (it would have been taxed at the lower rate of corporation tax though) he has a choice as to how to extract that income from the company.
The island is introducing a zero-rate corporation tax which the States claims will keep Jersey competitive.
The States employed company Crown Agents to come up with plans to cover the financial shortfall when a zero- rate corporation tax comes into force.
BBC: NEWS | Europe | Jersey | ?1m cost of implementing new tax
Mr Osborne said pension, education and welfare reform was helping to make the UK a more competitive economy, while cuts to corporation tax and higher-rate tax were making the country a more attractive place to do business.
He may also signal a further reduction in the rate of corporation tax to 20p.
They criticised the decision to raise the supplementary rate of corporation tax on the industry.
The rate of corporation tax is 28% in the UK but only 12.5% in the Republic of Ireland.
The current rate of corporation tax will be cut by two percentage points from April 2011 instead of one.
Executive ministers said they have not given up hope of achieving a cut in the rate of corporation tax.
The relatively low rate of corporation tax in Britain, compared with continental Europe, is a source of pride to the government.
The current main rate of corporation tax in the UK is 23%, which was already due to fall to 21% next year.
Business, which remains surprised that the Labour government loves it, welcomes the cut in the rate of corporation tax from 31% to 30%.
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