The Proposed US Corporate Tax Rate Compared To Other Countries

The US corporate tax rate is one of the highest in the world especially among developed countries. President Trump has proposed to cut this rate to 19% to make the country competitive globally. However according to a report at Schroders the eventual rate is likely to be in around 25%.

The chart shows the current US rate compared to other countries and the proposed rates:

Click to enlarge

Source: Letter from America – part two: What will be Trump’s top legislative priorities? by David Docherty, Schroders

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