Corporations pay very low tax rates on tax-haven profits: Comparison of U.S. tax rate with estimated tax rates on tax-haven profits, 2011 and 2013
Source | Tax Rate |
---|---|
Statutory rate | 35.0% |
Rate on tax-haven profits (Clausing estimate) | 6.6% |
Rate on tax-haven profits (Zucman estimate) | 3.0% |
Source: ATF and EPI analysis of Clausing (2016, 13) and Zucman (2014, 130)