U.S. companies moving overseas

”In theory, the U.S. has some of the highest corporate tax rates in the world. In practice, hardly any companies pay them. Despite a statutory tax rate of 35 percent, the actual rate paid by profitable U.S. corporation is actually just 12.6 percent.


One reason more companies don’t go abroad may be that it’s easy enough to find plenty of tax breaks at home.”

Mark Gimein

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