1.   A Japanese government commitment to change corporate taxation in ways that would encourage companies to become more efficient and competitive appears to be faltering.

2.   Moreover, it would significantly change the current corporate taxation system.

3.   Currently, EU member states are negotiating a tax package that covers levies on interest income, corporate taxation and energy taxes.

4.   Included in the budget outline will be government ambitions to reform corporate taxation.

5.   He also denied reports of a secret review of corporate taxation being undertaken by Treasury ahead of the budget.

6.   Hong Kong offered China a role in drafting its budgets on Wednesday and announced further personal income tax concessions -- but no changes in corporate taxation.

7.   But the move would be contingent on British government reducing the rate of corporate taxation on reinvested capital gains, the newspaper said.

8.   Conscious of a need to encourage investment and jobs, the two sides are in broad agreement over plans to reduce corporate taxation.

9.   Tsang said he would make no changes to corporate taxation in the upcoming fiscal year but announced major increases in the threshold at which personal income tax is levied.

10.   Labour leader Tony Blair did not reveal details of any possible changes to corporate taxation and capital gains tax that some market players think he may seek to implement.