effective tax rate Archives - CFO

BofA Sees Higher Profit On Lower Costs, Taxes

Growth Companies

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.

By William Sprouse | July 16, 2018

How Tax Bills Could Impact Company Finances

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.

By Anthony DiGiacinto and Murray Solomon | November 15, 2017

Low Effective Tax Rates Don’t Signal Excess Risk: Study

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.

By David McCann | January 10, 2017

Weatherford Fined $140M for Accounting Fraud

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.

By Matthew Heller | September 27, 2016

Lower Tax Rate Won’t Stop Inversion Deals

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.

By Matthew Heller | February 9, 2015

Predictable Uncertainty in State and Local Taxes

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.

By Jr. and William M. Backstrom | October 22, 2013

Groupon to Seek Better Tax Jurisdictions

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.

By Kathy Hoffelder | October 8, 2013

Tax Rates: the Haves and Have Nots

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.

By Kathy Hoffelder | April 17, 2013

Effective Tax Rate Rises for Industrials

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.

By Kathy Hoffelder | June 15, 2012

The Risks and Rewards of Becoming a REIT

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.

By Vincent Ryan | June 11, 2012

Effective Tax Rate Rises for Industrials

Effective Tax Rate Rises for Industrials

U.S.-based firms have higher ETRs than their global counterparts. But some will benefit from favorable tax treatments they receive on their investments in emerging markets.

By Kathy Hoffelder | May 17, 2012