Ad: BlueJ Better Tax Answers. -Accomplish hours of research in seconds -Instantly draft high-quality communications -Verify answers using a library of trusted tax content. Learn more

PwC: U.S. Companies Pay World’s 6th-Highest Effective Tax Rate

Business Roundtable The Business Roundtable engaged PricewaterhouseCoopers to examine global effective tax rates of U.S.- and foreign-headquartered companies for 2006-09:

PwC calculated and compared effective tax rates by country for the 2,000 largest companies in the world as ranked by the 2010 Forbes Global 2000 list. The data for the study are from company financial statements as reported in the S&P Global Vantage database.

Companies headquartered in the United States faced an average effective tax rate of 27.7%compared to a rate of 19.5% for their foreign-headquartered counterparts. By country, U.S.-headquartered companies faced a higher worldwide effective tax rate than their counterparts headquartered in 53 of the 58 foreign countries.

Effective_Tax_Rate_Study 


About the Author

Ad: BlueJ Better Tax Answers. Blue J's generative AI tax research solution is transforming how tax experts work. Learn more.
Information and rates on advertising on TaxProf Blog

Discover more from TaxProf Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading