1. The tax was scrapped the following year because of public opposition and implementation problems. 2. - Scrapping the tax imposed on shareholders when companies buy back their shares from the market to retire them. 3. Also, the government wants to scrap the tax on the export of professional services, including finance, engineering and accounting. 4. Eventually California and other states scrapped the tax. 5. For the stock market, it merely scrapped the tax shareholders pay if they sell their shares back to the company that issued them. 6. Other nations, including the U.S. and Germany, have scrapped such taxes. 7. The tax subsequently was scrapped because of widespread opposition. 8. To stimulate stock trading, the government will scrap the tax imposed on shareholders when companies buy back their shares from the market to retire them. 9. Why not scrap taxes and put lotteries in their place? |