?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=Budget+2002%3A+business+taxation+measures&rft.creator=Blow%2C+L.&rft.creator=Hawkins%2C+M.&rft.creator=Klemm%2C+A.&rft.creator=McCrae%2C+J.&rft.creator=Simpson%2C+H.&rft.description=Following+the+2002+Budget%2C+this+Briefing+Note+examines+some+of+the+Chancellor's+changes+to+business+taxation.+A+number+of+Budget+measures%2C+including+the+research+and+development+tax+credit+for+large+companies+and+the+exemption+of+capital+gains+on+the+sale+of+subsidiaries%2C+are+welcome+and+should+improve+the+efficiency+of+the+UK's+tax+system.+All+of+these+measures+were+subject+to+extensive+prior+consultation.+A+number+of+other+measures+were+not+foreshadowed+in+the+Pre-Budget+Report.+Three+of+these+are+examined+here+-+the+new+0%25+rate+of+corporation+tax%2C+the+changes+to+North+Sea+taxation+and+the+new+anti-avoidance+measures+for+stamp+duty.&rft.publisher=Institute+for+Fiscal+Studies&rft.date=2002-05&rft.type=Report&rft.language=eng&rft.source=++++(IFS+Briefing+Notes++BN24++).+Institute+for+Fiscal+Studies%3A+London%2C+UK.+++++&rft.format=application%2Fpdf&rft.identifier=https%3A%2F%2Fdiscovery.ucl.ac.uk%2Fid%2Feprint%2F14941%2F1%2F14941.pdf&rft.identifier=https%3A%2F%2Fdiscovery.ucl.ac.uk%2Fid%2Feprint%2F14941%2F&rft.rights=open