Reference: U.S. Now Has Highest Corporate Tax Rate Among All Industrialized Countries (Graph, Table)

Posted on April 2, 2012 by

From The Tax Foundation:

After eight years of having the second-highest corporate tax rate among industrialized countries, the United States has now assumed the top spot following Japan’s scheduled corporate rate cut on April 1, 2012.  Since 2001, Japan had levied the highest combined corporate tax rate among OECD nations at 39.5 percent, slightly higher than the 39.2 percent combined federal-state rate in the U.S. Japan’s new rate is 38.01 percent, which includes a temporary 10 percent surtax that will expire after 2014.

Access the Complete Blog Post along with a Chart (Data for All OECD Member Nations) and Graph

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