Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
He's not kidding. And neither is the General Accouting Office of the U.S. Congress, which found that U.S. corporation have an effective tax rate of about 12.6%.
maybe not.
Contrary to this claim, studies show that not only does the United States have the highest statutory rate, but one of the highest effective tax rates. Our 2011 study on effective corporate tax rates shows this. It reviews a number of recent studies and concludes that the average effective rate is around 27 percent, while the average around the world is 20 percent. Another Study Confirms: U.S. Has One of the Highest Effective Corporate Tax Rates in the World | Tax Foundation
Contrary to this claim, studies show that not only does the United States have the highest statutory rate, but one of the highest effective tax rates. Our 2011 study on effective corporate tax rates shows this. It reviews a number of recent studies and concludes that the average effective rate is around 27 percent, while the average around the world is 20 percent. Another Study Confirms: U.S. Has One of the Highest Effective Corporate Tax Rates in the World | Tax Foundation
Quote:
Originally Posted by Roadking2003
You should do a little research before posting;
Most people know by now that the United States has the highest corporate tax rate in the world. At 39.1 percent, it sits 14 percentage points higher than the OECD average.
However, many will point to all the “loopholes” that narrow the corporate tax base and say: “sure, we have the highest statutory rate, but no company pays that!” The implication is of course that U.S. corporations don’t pay a high tax rate compared internationally.
Contrary to this claim, studies show that not only does the United States have the highest statutory rate, but one of the highest effective tax rates. Our 2011 study on effective corporate tax rates shows this. It reviews a number of recent studies and concludes that the average effective rate is around 27 percent, while the average around the world is 20 percent.
Adding to these studies, PricewaterhouseCoopers released a new report that also finds the United States has one of the highest effective corporate tax rates in the world.
It is done on the same forms as all other business.
no one said anything about different forms
we're talking about effective rates for different industries.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
