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GAO: U.S. Corporate Tax Rate is 12.6%


               
2013 Jul 1, 11:30pm   986 views  0 comments

by finehoe   follow (0)  

"Profitable U.S. corporations paid an average federal effective tax rate of 12.6 percent in 2010, less than half the statutory rate of 35 percent, according to a study released Monday by the Government Accountability Office."

http://www.washingtonpost.com/business/economy/gao-says-profitable-us-companies-paid-taxes-at-a-126percent-rate-in-2010/2013/07/01/4865e38c-e29d-11e2-aef3-339619eab080_story.html

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