The Tax Foundation on has released a new study, The U.S. Corporate Income Tax System: Once a World Leader, Now A Millstone Around the Neck of American Business, by Chris Atkins & Scott A. Hodge. Here’s the description from Tax Policy Blog:
The United States has the highest overall corporate income tax rate (39.3% combined federal and sub-federal) among all countries in the Organization for Economic Cooperation and Development (OECD) (see table below). Japan (39.0%) and Germany (38.9%) have the second and third highest corporate income tax rates. The nation with the lowest corporate income tax rate in the OECD is Ireland (12.5%).
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