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Although it's 7 percent

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The image is a screenshot of a page from a PDF titled "Eiteman D. Multinational Business Finance 16ed 2023," displayed in the Preview application on a Mac. The page number is 480, and it is part of "PART 4 Financing the Global Firm." The main focus is a table listing corporate tax rates for various countries, including Singapore, Slovak Republic, Slovenia, South Africa, South Korea, Spain, Sri Lanka, St Maarten, Sudan, Sweden, Switzerland, Syria, Taiwan, Tanzania, Thailand, Trinidad & Tobago, Tunisia, Turkey, Uganda, Ukraine, United Arab Emirates, UK, US, Uruguay, Vanuatu, Venezuela, Vietnam, Zambia, and Zimbabwe.
The corporate tax rates vary, with the United Arab Emirates having the highest at 55% and Vanuatu the lowest at 0%. The table is sourced from KPMG's corporate tax rate table, accessed in January 2018. The text below the table discusses global tax environments, statutory income tax rates, and the impact of passive income on withholding taxes. The document appears to be an academic or professional text on international business finance.
California, USA Written, published, and designed in California, USA