This document invites comments on the options for the next stage in the reform process. In developing these options we have already benefited from extensive discussions held so far with business, following the publication in August 2002 of our previous consultation document. Those discussions have given us new insights, enhanced the evidence base for decisions and set a new standard for partnership between government and business in the development of the tax system. We welcome further contributions in this spirit of partnership.
As we seek to balance the objectives of fairness and competitiveness, ensuring that business continues to make a fair contribution to the funding of public services while responding effectively to international challenges that governments and business both face, I hope that we can all take full advantage of the opportunities provided by this document, to work for the development of a modern corporation tax system that will serve us well for the future.
Rt Hon Dawn Primarolo MP
Paymaster General