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A comment on Uber used 50 Dutch shell companies to dodge taxes on $6B in revenue. Parent comment

Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by Rebelgecko on Wednesday May 12, 2021 @10:58PM (#27137945)
Is it unusual that 88% of the US federal revenue is from individual income taxes?

IIRC US corporate income tax rates are fairly high compared to the rest of the world (although maybe there's more deductions and other shenanigans)

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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by yojo on Wednesday May 12, 2021 @11:07PM (#27137995)
The economist has a nice chart on this. The US has a lower share of taxes paid by corporations relative to other sources than our peers.

https://archive.is/ND3cQ

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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by granzymes on Wednesday May 12, 2021 @11:23PM (#27138060)
At 24.6%, the US had an effective average corporate tax rate somewhat in the middle of the pack in 2019. In 2017, at 37.5%, it was the second highest in the world, so which year you look at is very important.

It's also important to realize that a large portion (~10%) of individual income taxes are actually from pass-through business income.

https://stats.oecd.org/Index.aspx?DataSetCode=CTS_ETR

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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by oblio on Thursday May 13, 2021 @06:46AM (#27140659)
Isn't 2017 an outlier? Didn't Trump pass a one time law allowing for repatriation of profits at a lower tax rate? That's not sustainable.
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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by granzymes on Friday May 14, 2021 @10:52PM (#27161878)
TCJA took effect in 2018.
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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by croes on Wednesday May 12, 2021 @11:03PM (#27137969)
Fairly high? I don't think so. Compare the tax rates to european countries.
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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by Rebelgecko on Wednesday May 12, 2021 @11:09PM (#27138002)
It looks like most countries in Europe have lower corporate tax rates than the US (https://en.wikipedia.org/wiki/Tax_rates_in_Europe)
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