《2009年全球各国所得税和流转税统计报告(英文版)》(56页).rar Up　until　this　year,　the　long　term　trends　have　been　strong　and　consistent.　Against　a　background　of　international　tax　competition,　corporate　taxes　have　been　driven　steadily　down.　Indirect　taxes,　though　generally　stable,　have　extended　their　reach　into many　areas　of　the　modern　economy,　to　become an　increasingly　important　component　of many　governments　revenues. But　now,　the　reduction　in　corporate　taxes　has　slowed.　In　some　parts　of　the　world　it　has　stopped　altogether.　While　indirect　tax　remains　a　potent　tool,　with　a　broader　base　and　higher　rates　still　high　on　government　agendas,　the　effects　of　recession　are　forcing　many　governments　to　reassess　their　long　term　revenue　policies. It　is　not　clear　where　the　next　move　in　global corporate　taxes　might　lead.　If　the　trend　for　annual　reductions　resumes　in　2010,　it　is　likely　that　indirect　taxes　will　not　be　the　only　counter-balancing　revenue　raiser.　It　is　likely　that　future　reductions　in　headline　corporate　tax　rates　will　have　to　be　largely　(possibly　entirely)　self-funding. There　may　be　short　term　revenue　windfalls from　tightening　rules　on　tax　havens.　But　it　is　more　likely　that　there　will　be　a　broadening　of　the　tax　base,　through　interest　restrictions,　the　removal　of　start　up　incentives　such　as　tax　holidays,　reductions　in　broad　based　incentives　and　a　strengthening　of　transfer　pricing　regimes. These　are　largely　shifts　in　onshore　policy.　The　real　uncertainties　are　the　extent　to　which　policy　changes　will　be　directed　at　offshore　profits.　There　is　a　difficult　balance　to　be　struck　between,　on　the　one　hand,　incentivizing　repatriation　of　profits　and,　on　the　other,　the　temptation　to　nationalize　overseas　profits　by　making　them　subject　to　home　country　taxation. As　governments　re-shape　their　tax　policies　it is　important　that　corporates　engage　in　the　debate.　Policymakers　need　encouragement　to　look　beyond　their　current　fiscal　needs　to　the　long　term　global value　to　be　derived　from　globalization　and　sympathetic　tax　regimes. Corporates　should　be　prepared　to　demonstrate　their　own　commitment　to　governance　principles　that　recognize　the　impact　their　activities　have　on　multiple　countries,　including　their　tax　contributions.　Equally,　governments　should　recognize　that　fair　tax　competition　includes　not　only　fairness　between　countries,　but　also　fairness　to　taxpayers.　A　fair　tax　policy　takes　account　of　both　the　overall　costs　of tax　(including　administration)　and　companies＇　needs　for