* Homes in the bottom third in terms of effective tax rates
saw values increase faster -- an average 42 percent over five years, 5 percent in the past year.
A ratio in this range would reflect an effective tax rate
of 2.5-3 per cent, lower than the 5 per cent statutory rate, owing to expected administrative inefficiencies and the ability countries have to exempt and zero-rate selected sectors," international ratings agency SandP said in a note on Sunday.
"In New York, a $1 million commercial property faces an effective tax rate
that is 4.1 times higher than a median valued home, while a $600,000 apartment building has an effective tax rate
that is 5.0 times higher.
For more detailed analysis, the effective tax rates
based on asset groups (i.e., big to small) and leverage groups (i.e., high to low) in quartiles was also presented.
"Viewing tax reform through the lens of effective tax rates
will highlight the inequities in the current code for all kinds of businesses--both large and small--and illustrate the need for a simplified and fairer tax system."
Mark Schichtel, senior vice president and chief tax officer of Time Warner Cable, Inc., says, "Like most companies, we are strongly influenced by tax incentives that improve our GAAP financial reporting metrics, such as our reported income, effective tax rate
, and earnings per share." Schichtel mentions the research credit and Section 199 domestic production incentive as examples, adding, "Given the capital intensity of our business, we rely even more on timing incentives that do not impact GAAP financial reporting, such as expensing and accelerated depreciation, which significantly enhance our actual cash flows and our ability to invest."
corporations that report high foreign profits and low effective tax rates
An analysis by NHBR of the amount 13 locally based, publicly traded companies paid in taxes in fiscal year 2010 shows they had an average effective tax rate
of 24 percent.
This article relies primarily on the effective tax rates
computed by the Congressional Budget Office (CBO).
multinational to reduce effective tax rates
(in some cases significantly) on non-U.S.
However, the effective tax rates
applied to electricity cannot be less than 50% of the relevant EU minimum rates as from 1 1/1/2007
Between 1979 and 1997, effective tax rates
dropped for all income levels.