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TAX CUTS AND JOBS ACT: These 12 companies will pay the highest effective tax rate





FILE PHOTO: A congressional aide places a placard on a podium for the House Republican's legislation to overhaul the tax code on Capitol Hill in Washington, U.S., November 2, 2017.   REUTERS/Joshua Roberts

  • The House and Senate have both passed versions of a tax plan which include huge cuts for business taxes.
  • Credit Suisse crunched the numbers to see who would be paying the highest effective tax rate under proposed rules.

No matter which tax reform bill, whether from the House of Representatives or the Senate, eventually gets signed into law by President Donald Trump, taxes will likely shrink for a wide swath of American companies.

Credit Suisse crunched the numbers based on the publicly available information about the plans to see which companies could end up paying the highest effective tax rate.

“Companies with primarily domestic read more >>>

Source:: BusinessInsider.Com

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