What was the corporate tax rate in 2007?
What was the corporate tax rate in 2007?
26 percent
The rate fell from 26 percent in 2007 to 20 percent in 2010 and 2011, when averaged each year over all firms. This decline potentially reflects a number of factors including changes in tax law and the business cycle.
What was the corporate tax rate in 2006?
For example, PricewaterhouseCoopers (2011) estimated that the U.S. effective corporate tax rate, averaged over 2006 to 2009, was 27.7 percent, while the average effective tax rate for 21 OECD countries was 23.5 percent.
What is GM’s tax rate?
General Motors annual income taxes for 2020 were $1.774B, a 130.69% increase from 2019. General Motors annual income taxes for 2019 were $0.769B, a 62.24% increase from 2018….Compare GM With Other Stocks.
| General Motors Annual Income Taxes (Millions of US $) | |
|---|---|
| 2021 | $2,771 |
| 2020 | $1,774 |
| 2019 | $769 |
| 2018 | $474 |
What was the corporate tax rate in 2010?
Tax Rates for Corporations (2010)
| $0-$50,000 | 15% |
|---|---|
| $75,001-$100,000 | 34% |
| $100,001-$335,000 | 39% |
| $335,001-$10,000,000 | 34% |
| $10,000,001-$15,000,000 | 35% |
What was the corporate tax rate in 2017?
21%
Among other things, P.L. 115-97 permanently reduced the 35% CIT rate on resident corporations to a flat 21% rate for tax years beginning after 31 December 2017.
What country has the highest taxes in the world?
Top 10 Countries with the Highest Personal Income Tax Rates – Trading Economics 2021:
- Japan – 55.97%
- Denmark – 55.90%
- Austria – 55.00%
- Sweden – 52.90%
- Aruba – 52.00%
- Belgium – 50.00% (tie)
- Israel – 50.00% (tie)
- Slovenia – 50.00% (tie)
