effective tax rate
BofA Sees Higher Profit On Lower Costs, Taxes
A 5% cut in costs and a substantial reduction in quarterly income tax helped Bank of America post $6.8 billion in second-quarter earnings.
How Tax Bills Could Impact Company Finances
Here are five key aspects of the tax bills introduced in Congress that CFOs should start thinking about now.
Low Effective Tax Rates Don’t Signal Excess Risk: Study
Contrary to common opinion, there's no evidence that a low effective tax rate is a sign of risky corporate management.
Weatherford Fined $140M for Accounting Fraud
Two senior tax executives at the oil services firm allegedly schemed to report false ETRs that aligned with analysts' expectations.
Lower Tax Rate Won’t Stop Inversion Deals
Will fewer companies flee the United States if the statutory tax rate is lowered? Not necessarily, finds a Reuters analysis.
Predictable Uncertainty in State and Local Taxes
While there is no cure for state and local tax uncertainty, CFOs and their tax heads need to be aware of states' discretionary authority.
Groupon to Seek Better Tax Jurisdictions
Groupon grew so fast it had no time to think about lowering its tax rate globally. That's all changing, says CFO Jason Child at the CFO Rising West conference.
Tax Rates: the Haves and Have Nots
Comparing corporate tax rates can be hard, given all the tax terminology that's out there. But a new study reveals what real rates companies are paying.
Effective Tax Rate Rises for Industrials
U.S.-based firms have higher ETRs than their global counterparts, but some will also benefit from favorable tax treatments they receive on their investments in emerging markets.
The Risks and Rewards of Becoming a REIT
Despite the risks of morphing into a real estate investment trust, the move will enable Iron Mountain to repatriate offshore earnings without a U.S. tax hit.