Of the many reasons given to move production from this country by the big transnational company's, tax is not at the top of the list. The main consideration is
1. Poverty wages, 2. Deregulated work force i.e. hire and fire at will, no legal redress for employees, 3. a plentyfull supply of unemployed labour. 4. A weak and corrupt government.
As for tax it is a fact that no government of this county is prepared to confront major investors and allows tax havens set up around the world to flourish. As any accountant of any standing will testify billions of taxes are avoided.
Over the last thirty years company tax has been reduced, Taxes have been shifted from the rich to the poor. Income Tax from Top rate 83% down to 40%. Basic income tax down to 20%, Capital gains tax from 30% now 18%. Corporation tax down to 28% from 52% and lower for small companies. The level of tax on company profits has almost halved.
At the other end of the scale employee N.I. raised from 6.5% in 1979 to 11% today. VAT has more than doubled in 1979 from 8% to 17% to day.
From all that I deduct that the average working class family is taking the brunt of the tax burden off the poor old employers, and they are still not satisfied and probably will never be satisfied until we are a third world country sweat shop.