But what is the “effective corporate tax rate” in the US compared to other countries? I don’t know the answer, but the opponents of lowering the corporate rate here always say that the effective rate is lower than the statutory rate.
8 posted on 01/09/2011 8:24:06 AM PST by secretagent
But what is the effective corporate tax rate in the US compared to other countries? I dont know the answer, but the opponents of lowering the corporate rate here always say that the effective rate is lower than the statutory rate.
An excerpt from the link below: "This bulletin presents new estimates showing that the United States has one of the highest effective tax rates on corporate capital in the world at 36 percent, which compares to an average of just 19.5 percent for 79 other countries studied."