U.S. Has Highest Company Tax Price in G20

Terence P. Jeffrey reported for CNSNEWS: “The United States has the best prime statutory company tax charge—39.1%–of any nation within the G20, based on a research launched Wednesday by the Congressional Finances Workplace. That charge is sort of twice as excessive because the 20-percent charge in Russia, which, together with Saudi Arabia and Turkey, has the bottom statutory company tax charge within the G20. The U.S. received the highest spot on the statutory-corporate-tax-rate checklist after Japan and Germany, which previously ranked first and second, reduce their charges. In line with CBO, the USA made no change in federal company tax charges between 2003 and 2012, and by 2012 it had the best prime statutory charge within the G20.”

Supply: Congressional Finances Workplace

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