Paul L. Caron

Sunday, April 17, 2011

PwC: U.S. Companies Pay World’s 6th-Highest Effective Tax Rate

Business Roundtable The Business Roundtable engaged PricewaterhouseCoopers to examine global effective tax rates of U.S.- and foreign-headquartered companies for 2006-09:

PwC calculated and compared effective tax rates by country for the 2,000 largest companies in the world as ranked by the 2010 Forbes Global 2000 list. The data for the study are from company financial statements as reported in the S&P Global Vantage database.

Companies headquartered in the United States faced an average effective tax rate of 27.7%compared to a rate of 19.5% for their foreign-headquartered counterparts. By country, U.S.-headquartered companies faced a higher worldwide effective tax rate than their counterparts headquartered in 53 of the 58 foreign countries.


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