Question: What is the corporation tax rate in the country that, along with the nation that produces most of its own oil, recognized Gaddafi's government at an early date?

full_context: Document 1: United States energy independence: In total energy consumption, the U.S. was between 86% and 91% self - sufficient in 2016. In May 2011, the country became a net exporter of refined petroleum products. As of 2014, the United States was the world's third - largest producer of crude oil, after Saudi Arabia and Russia. and second largest exporter of refined products, after Russia.
Document 2: Petroleum refining in the United States: Petroleum refining in the United States in 2013 produced 18.9 million barrels per day of refined petroleum products, more than any other country. Although the US was the world's largest net importer of refined petroleum products as recently as 2008, the US became a net exporter in 2010, and in 2014 was the largest exporter and the largest net exporter of refined petroleum. As of January 2015, there were 137 operating refineries in the US, distributed among 30 states.
Document 3: Economy of the United States: The US economy is fueled by abundant natural resources, a well - developed infrastructure, and high productivity. It has second highest total estimated value of natural resources, valued at $45 trillion in 2016. Americans have the highest average household and employee income among OECD nations, and in 2010 had the fourth highest median household income, down from second highest in 2007. It has been the world's largest national economy (not including colonial empires) since at least the 1890s. The U.S. is the world's third largest producer of oil and natural gas. In 2016, it was the largest trading nation in the world as well as the world's second largest manufacturer, representing a fifth of the global manufacturing output. The US also has not only the largest economy, but also the largest Industrial sector, at 2005 prices according to the UNCTAD. The US not only has the largest internal market for goods, but also dominates the trade in services. US total trade amounted to $4.92 trillion in 2016. Of the world's 500 largest companies, 134 are headquartered in the US.
Document 4: Capital gains tax: Channon observes that one of the primary drivers to the introduction of CGT in the UK was the rapid growth in property values post World War II. This led to property developers deliberately leaving office blocks empty so that a rental income could not be established and greater capital gains made. The capital gains tax system was therefore introduced by chancellor James Callaghan in 1965
Document 5: Petroleum in the United States: Petroleum in the United States has been a major industry since shortly after the oil discovery in the Oil Creek area of Titusville, Pennsylvania in 1859. The petroleum industry includes exploration for, production, processing (refining), transportation, and marketing of natural gas and petroleum products. As of 2008, the U.S. was the world's third - largest oil producer (after Saudi Arabia and Russia), producing 8.5 million barrels of oil and natural gas liquids per day. The leading oil - producing area in the United States in 2014 was Texas (3.17 million barrels (504,000 m) per day), followed by the federal zone of the Gulf of Mexico (1.40 million barrels (223,000 m) per day), followed by North Dakota (1.09 million barrels (173,000 m) per day) and California (0.50 million barrels (79,000 m) per day).
Document 6: Muammar Gaddafi: The coup completed, the RCC proceeded with their intentions of consolidating the revolutionary government and modernizing the country. They purged monarchists and members of Idris' Senussi clan from Libya's political world and armed forces; Gaddafi believed this elite were opposed to the will of the Libyan people and had to be expunged. "People's Courts" were founded to try various monarchist politicians and journalists, and though many were imprisoned, none were executed. Idris was sentenced to execution in absentia.
Document 7: History of taxation in the United Kingdom: When the United Kingdom of Great Britain came into being on May 1, 1707, the window tax, which had been introduced across England and Wales under the Act of Making Good the Deficiency of the Clipped Money in 1696, continued. It had been designed to impose tax relative to the prosperity of the taxpayer, but without the controversy that then surrounded the idea of income tax. At that time, many people opposed income tax on principle because they believed that the disclosure of personal income represented an unacceptable governmental intrusion into private matters, and a potential threat to personal liberty. In fact the first permanent British income tax was not introduced until 1842, and the issue remained intensely controversial well into the 20th century.
Document 8: Muammar Gaddafi: In 1979, the U.S. placed Libya on its list of "State Sponsors of Terrorism", while at the end of the year a demonstration torched the U.S. embassy in Tripoli in solidarity with the perpetrators of the Iran hostage crisis. The following year, Libyan fighters began intercepting U.S. fighter jets flying over the Mediterranean, signalling the collapse of relations between the two countries. Libyan relations with Lebanon and Shi'ite communities across the world also deteriorated due to the August 1978 disappearance of imam Musa al-Sadr when visiting Libya; the Lebanese accused Gaddafi of having him killed or imprisoned, a charge he denied. Relations with Syria improved, as Gaddafi and Syrian President Hafez al-Assad shared an enmity with Israel and Egypt's Sadat. In 1980, they proposed a political union, with Libya paying off Syria's £1 billion debt to the Soviet Union; although pressures led Assad to pull out, they remained allies. Another key ally was Uganda, and in 1979, Gaddafi sent 2,500 troops into Uganda to defend the regime of President Idi Amin from Tanzanian invaders. The mission failed; 400 Libyans were killed and they were forced to retreat. Gaddafi later came to regret his alliance with Amin, openly criticising him.
Document 9: Muammar Gaddafi: Moving to reduce Italian influence, in October 1970 all Italian-owned assets were expropriated and the 12,000-strong Italian community expelled from Libya alongside a smaller number of Jews. The day became a national holiday. Aiming to reduce NATO power in the Mediterranean, in 1971 Libya requested that Malta cease to allow NATO to use its land for a military base, in turn offering them foreign aid. Compromising, Malta's government continued allowing NATO use of the island, but only on the condition that they would not use it for launching attacks on Arab territory. Orchestrating a military build-up, the RCC began purchasing weapons from France and the Soviet Union. The commercial relationship with the latter led to an increasingly strained relationship with the U.S., who were then engaged in the Cold War with the Soviets.
Document 10: Capital gains tax in Australia: A capital gains tax (CGT) was introduced in Australia on 20 September 1985, one of a number of tax reforms by the Hawke / Keating government. The CGT applied only to assets acquired on or after that date, with gains (or losses) on assets owned on that date, called pre-CGT assets, not being subject to a CGT. In calculating the capital gain, the cost of assets held for 1 year or more was indexed by the consumer price index (CPI). This meant the part of a gain due to inflation was not taxed. Indexation was not used if an asset was held for less than 12 months or a sale results in a capital loss. Also, an averaging process was used to calculate the CGT. 20% of a taxpayer's net capital gain was included in income to calculate the taxpayer's average tax rate, and the rate was then applied to all the taxpayer's gross income (i.e., including the capital gain in full). So if a large capital gain were to push a taxpayer into a higher tax bracket in the tax year of sale, the brackets was stretched out, allowing the taxpayer to be taxed at their average tax rate.
Document 11: Muammar Gaddafi: In 1977, Gaddafi dissolved the Republic and created a new socialist state, the Jamahiriya ("state of the masses"). Officially adopting a symbolic role in governance, he retained power as military commander-in-chief and head of the Revolutionary Committees responsible for policing and suppressing opponents. Overseeing unsuccessful border conflicts with Egypt and Chad, Gaddafi's support for foreign militants and alleged responsibility for the Lockerbie bombing led to Libya's label of "international pariah". A particularly hostile relationship developed with the United States and United Kingdom, resulting in the 1986 U.S. bombing of Libya and United Nations-imposed economic sanctions. Rejecting his earlier ideological commitments, from 1999 Gaddafi encouraged economic privatization and sought rapprochement with Western nations, also embracing Pan-Africanism and helping to establish the African Union. Amid the Arab Spring, in 2011 an anti-Gaddafist uprising led by the National Transitional Council (NTC) broke out, resulting in the Libyan Civil War. NATO intervened militarily on the side of the NTC, bringing about the government's downfall. Retreating to Sirte, Gaddafi was captured and killed by NTC militants.
Document 12: List of countries by oil production: The top three producers have in recent history been (alphabetically) Russia, Saudi Arabia, and the United States. Each of these countries experienced major production declines at different times in the past, but since 2014 all three have been producing near their peak rates of 9 to 11 million barrels per day. Saudi Arabia and Russia also top the list of oil exporting countries, while Russia is not a member of OPEC. The monthly U.S. oil production reached 10.07 million b / d in November 2017, the highest monthly level of crude oil production in U.S. history. In early 2018, the U.S. government forecast the country will become a net oil and gas exporter by 2022, the first time since 1953.
Document 13: United Kingdom corporation tax: Originally introduced as a classical tax system, in which companies were subject to tax on their profits and companies' shareholders were also liable to income tax on the dividends that they received, the first major amendment to corporation tax saw it move to a dividend imputation system in 1973, under which an individual receiving a dividend became entitled to an income tax credit representing the corporation tax already paid by the company paying the dividend. The classical system was reintroduced in 1999, with the abolition of advance corporation tax and of repayable dividend tax credits. Another change saw the single main rate of tax split into three. Tax competition between jurisdictions reduced the main corporate tax rate from 28% in 2008 - 2010 to a flat rate of 20% as of April 2015.
Document 14: Taxation in the Republic of Ireland: In Ireland there is an income tax, a value added tax (VAT), and various other taxes. Employees pay pay - as - you - earn (PAYE) taxes based on their income, less certain allowances. The taxation of earnings is progressive, with little or no income tax paid by low earners and a high rate applied to middle to top earners, the top marginal rate of tax (including USC and PRSI) is 52%. However a large proportion of central government tax revenue is also derived from VAT, excise duties and other taxes on consumption. The standard rate of corporation tax is among the lowest in the world at 12.5%.
Document 15: Muammar Gaddafi: After the 1969 coup, representatives of the Four Powers – France, the United Kingdom, the United States and the Soviet Union – were called to meet RCC representatives. The U.K. and U.S. quickly extended diplomatic recognition, hoping to secure the position of their military bases in Libya and fearing further instability. Hoping to ingratiate themselves with Gaddafi, in 1970 the U.S. informed him of at least one planned counter-coup. Such attempts to form a working relationship with the RCC failed; Gaddafi was determined to reassert national sovereignty and expunge what he described as foreign colonial and imperialist influences. His administration insisted that the U.S. and U.K. remove their military bases from Libya, with Gaddafi proclaiming that "the armed forces which rose to express the people's revolution [will not] tolerate living in their shacks while the bases of imperialism exist in Libyan territory." The British left in March and the Americans in June 1970.
ground_truth: 20%
sub_queries: where does most of the oil in the us come from Answer: the U.S.
Along with the the U.S. , what major power recognized Gaddafi's government at an early date? Answer: U.K.
what is the rate of corporation tax in U.K. Answer: 20%