Global Corporate Tax Cuts Widen Gap With U.S.

Wall Street Journal, Sep 13, 2017
by Paul Hannon

Governments around the world have continued to cut their tax rates on company profits, lowering them further below that of the U.S. as the Organisation for Economic Cooperation and Development warned the competition to aid businesses may be going too far.

In its annual review of changes to tax policies, the Paris-based think tank for rich countries said continuing reductions in corporate tax rates had lowered the average across its 35 members to 24.7% in 2016 from 32.2% in 2000.

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