The Corporate Tax Rates have been on a downward slope in many developed countries for some years now. The Global Financial Crisis (GFC) gave another boost to further reduction in rates as countries struggled to stimulate their economies. The UK has the lowest corporate tax rate at 19% and politicians are considering to cut it …

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Volatility in the U.S. equity markets late last year especially in December around Christmas time was extreme to say the least. Instead of a Santa Claus rally, investors were given a lump of coal with markets taking them on a stomach-churning ride. With stocks entering the bear market territory pundits and media alike listed all …

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Many countries in the world have a very small army. Some countries do not even have an army at all as shown in the interesting infographics below: Click to enlarge Source: RFE/RL The Vatican City has no army. Other countries with no standing armies include Panama and Haiti among others.