The standard rate of income tax (10%) and higher rate (20%) remain the same.

BBC: Hundreds of government posts cut in Isle of Man budget

British corporate tax at a standard rate of 31% is also considerably lower than a continental average of around 40%.

ECONOMIST: Europe

Sir Kenneth told the Committee a recommendation that Scotland should take charge of half the standard income tax rate, amounting to ten pence is an appropriate "start to the process".

BBC: Scotland Bill Committee part 1

Central to the Scotland Bill is a recommendation that Scotland should take charge of half the standard income tax rate - 10p - with a corresponding cut in the block grant Scotland gets from the Treasury.

BBC: Scotland Bill Committee part 2

The "Tartan Tax" - plus or minus a maximum of 3p of income tax, levied upon the standard rate only, not the upper rates - was simply too limited for credible use.

BBC: Line in the sand no more

Though the maximum tax rate is lower for the AMT, most of the standard write-offs aren't allowed.

FORBES: The Counter-Intuitive Tax

It gave top-tier earning expatriates the ability to avoid the standard progressive income tax of up to 43% and instead pay a flat tax rate of 24% on income earned in-country.

FORBES: Move up http://i.forbesimg.com t Move down