Sen. Wyden Releases Data Showing Rock-Bottom Tax Rates Paid by Companies Subject to Minimum Tax
August 06, 2022
August 06, 2022
WASHINGTON, Aug. 6 -- Sen. Ron Wyden, D-Oregon, chairman of the Senate Finance Committee, issued the following news release on Aug. 5, 2022:
Senate Finance Committee Chair Ron Wyden, D-Ore., today released new data provided by the Joint Committee on Taxation (JCT) showing the rock-bottom effective tax rates paid by hugely profitable companies that would potentially be subject to the minimum corporate tax, based on recent financial statement income and effective tax rate requirements . . .
Senate Finance Committee Chair Ron Wyden, D-Ore., today released new data provided by the Joint Committee on Taxation (JCT) showing the rock-bottom effective tax rates paid by hugely profitable companies that would potentially be subject to the minimum corporate tax, based on recent financial statement income and effective tax rate requirements . . .