Because of the increase of competition from air transport, the high cost of maintenance and replacement of ships, high taxation as compared with foreign competitors, and the dependence of freight on the fluctuating shortages or surpluses of commodities in the world markets, shipping does not hold attractive prospects for the new investor. This section is better left to more experienced and opulent investors and restricted to 2% of the portfolio.


Next Step: Corporation Tax in 2016

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International Publishing Corporation:: The world's largest publishing organisation con-trolling over 200 newspapers, magazines and periodicals including the Daily Mirror. Dominant place in women's magazine market and trade journal field. Website and directory publishers.