Factor In Deductions And Other Expenditures, And The U.S. Corporate Tax Rate Isn’t So High

Companies may start at a high corporate tax rate in the U.S., but once they go through all the deductions and credits, they don’t end up paying an unusually high amount compared to companies in other nations.

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Notes

Italy’s rate is so low, the CBO reports, because of a unique deduction on equity, introduced in 2012.