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GAO-13-520, Corporate Income Tax: Effective Tax Rates Can ...
- https://www.gao.gov/pdf/product/654957
- United States Government Accountability Office . United States Government Accountability Office . Highlights of . GAO-13-520, a report to congressional requesters May 2013. ... Page 2 GAO-13-520 Corporate Income Tax report, we (1) explain the definition of average corporate ETR and the common methods and data used to estimate this rate, (2 ...
GAO-21-562, STATE AND LOCAL GOVERNMENTS: Fiscal …
- https://www.gao.gov/assets/gao-21-562.pdf
- State and local government tax revenue from corporate income taxes decreased 43.8 percent ($7.7 billion) in the second quarter of 2020, followed by a 240.6 percent ($23.7 billion) increase in the third quarter of 2020. Similar to individual income taxes, some states also extended their corporate income tax filing due dates
Reports & Testimonies - Government Accountability Office
- https://www.gao.gov/reports-testimonies
- Jul 16, 2021 · What GAO Found State and local government revenues from individual, corporate, and sales taxes declined about $61 billion in the second quarter of 2020 compared to the second quarter in 2019 and rebounded in the third and fourth quarters of 2020.
Corporate Income Tax: Effective Tax Rates Can Differ ...
- https://www.gao.gov/products/gao-13-520
- May 30, 2013 · GAO was able to compare book tax expenses to tax liabilities actually reported on corporate income tax returns. For tax year 2010 (the most recent information available), profitable U.S. corporations that filed a Schedule M-3 paid U.S. federal income taxes amounting to about 13 percent of the pretax worldwide income that they reported in their ...
Corporate Income Tax: Most Large Profitable U.S ...
- https://www.gao.gov/products/gao-16-363
- Mar 17, 2016 · Currently, the top statutory corporate income tax rate is 35 percent. GAO's 2013 report on corporate ETRs found that in tax year 2010, whether for all large corporate filers or only profitable ones, the average ETRs were significantly below the statutory rate.
Corporate-Tax Reporting Draws GAO Scrutiny - WSJ
- https://www.wsj.com/articles/SB121858559939134899
- Aug 13, 2008 · The Government Accountability Office also found that in a given year at least 60% of all U.S. corporations studied -- which also includes many smaller companies -- reported no federal income-tax ...Is Accessible For Free: False
20% of big companies pay zero corporate taxes
- https://money.cnn.com/2016/04/13/pf/taxes/gao-corporate-taxes/index.html
- Apr 13, 2016 · A new report from the Government Accountability Office, which conducted its analysis at the behest of Senator Bernie Sanders, found that a fifth of large U.S. companies pay nothing in taxes.
New GAO Study Mistakenly Focuses on Make-Believe Tax ...
- https://danieljmitchell.wordpress.com/2013/04/16/new-gao-study-mistakenly-focuses-on-make-believe-tax-expenditures/
- Apr 16, 2013 · Based on a new study about so-called corporate tax expenditures from the Government Accountability Office, my concerns are quite warranted. The vast majority of the $181 billion in annual “tax expenditures” listed by the GAO are not loopholes.
Why 70% Of Companies Paid Zero In Corporate Taxes: They ...
- https://www.forbes.com/sites/aparnamathur/2016/04/20/why-70-of-companies-paid-zero-in-corporate-taxes-they-had-zero-profits/
- Apr 20, 2016 · Two claims from the recently released Government Accountability Office (GAO) report on corporate income taxes are receiving widespread …Is Accessible For Free: False
GAO: Big Companies Paid A 12.6% Effective Federal Income ...
- https://www.forbes.com/sites/janetnovack/2013/07/01/gao-big-companies-paid-a-12-6-federal-income-tax-rate/
- Jul 01, 2013 · Despite all their griping about the U.S.’s highest-in-the-developed-world 35% federal corporate income tax rate, big profitable U.S. companies …Is Accessible For Free: False
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