International News

EU says British cut-tax plan not a good idea

PARIS, July 5, (APP/AFP) – The European Union’s top economic official on Tuesday criticised a British proposal to slash corporate tax to less than 15 percent following the nation’s vote to abandon the bloc.
“Going to 15 percent does not seem to me to be a good initiative,”the EU’s economic affairs commissioner, Pierre Moscovici, told French radio.