Terence P. Jeffrey reported for CNSNEWS: “The United States has the very best prime statutory company tax fee—39.1%–of any nation within the G20, based on a research launched Wednesday by the Congressional Price range Workplace. That fee is sort of twice as excessive because the 20-percent fee in Russia, which, together with Saudi Arabia and Turkey, has the bottom statutory company tax fee 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, america made no change in federal company tax charges between 2003 and 2012, and by 2012 it had the very best prime statutory fee within the G20.”
