Many of these companies have experienced
effective tax rates close to the previous 35 % marginal rate.
The former is generally a bigger boon for domestically oriented companies, which have likely been paying
an effective tax rate closer to the U.S. statutory level.
Historically, the US corporate sector has enjoyed
an effective tax rate closer to 25 % due to ample scope for deductions.
Not exact matches
DeSoto County's average
effective tax rate of 0.75 % is
close to the state average.
That means
effective property
tax rates in Birmingham are
closer to 0.75 %.
The average
effective tax rate is 2.21 %, which means
taxes on that same home are likely
closer to $ 6,600 annually.
Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's plans, assumptions, expectations, beliefs and objectives with respect to store openings and
closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net;
effective income
tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.
And in neither case did the
effective tax rate come anywhere
close to the nominal
rate.
This about this: you make $ 40,000 per year, so you are in the 25 %
tax bracket, but your
effective tax rate is
closer to 15 %.
Like employee comp coming down, and historically low interest
rates, and
effective tax rates being
close to historically low levels.
i.e — $ 100 of interest income is initially
taxed at 43.7 % but after
tax credit the
effective rate is
closer to 26 - 28 %, for a net gain of $ 72 - $ 74?
And that doesn't even include the fact that the
rate should be grossed up by your marginal
tax rate, so if that's 20 %, your
effective rate is getting
close to 5 % — risk free (minus deductions of course).
The main drivers in our model include current median home prices and
effective rents, mortgage
rates, insurance costs, maintenance costs,
taxes, and opportunity costs of committed capital such as down payment and
closing costs.
The average
effective tax rate is 2.13 %, which means
taxes on that same home are likely
closer to $ 6,400 annually.