http://www.guardian.co.uk/business/s...595225,00.html
"A former head of taxation at the Treasury has predicted a multi-billion-pound swoop on the cash-rich North Sea oil industry in Gordon Brown's pre-budget report this autumn.",
"Treasury officials are mindful however that a heavy-handed increase in corporation tax in 2002 for oil companies, when it was raised from 30% to 40%, led to a huge fall-off in drilling rates in the North Sea. ",
Milan.
"A former head of taxation at the Treasury has predicted a multi-billion-pound swoop on the cash-rich North Sea oil industry in Gordon Brown's pre-budget report this autumn.",
"Treasury officials are mindful however that a heavy-handed increase in corporation tax in 2002 for oil companies, when it was raised from 30% to 40%, led to a huge fall-off in drilling rates in the North Sea. ",
Milan.
