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MR. MATTHEWS: A zero rate on caps?
The Caymans have a zero rate of corporation tax.
This money is never invested, earning a zero rate of return.
A zero rate cannot be reintroduced once it has been abolished.
With a zero rate on distributed profits, the corporate tax would apply only to undistributed profits.
Draghi said the zero rate on cash deposited by banks with the ECB would encourage them to lend to businesses.
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Economists reckoned the US central bank would probably end its near-zero rate policy in September, while traders bet such a move would occur in December.
In other words, there is a low, but non-zero, rate of drug withdrawal.
Under EU rules he simply cannot unilaterally zero-rate tampons.
Walter Grey London Cracking idea, a zero-rate tax band for the cleanest cars.
Mr Brown is introducing a so-called "zero-rate" band of NICs.
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