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How do the United States tax rates for corporations and individuals compare with other members of the OECD, Organisation for Economic Cooperation and Development ?

April 26, 2017compare corporations Economic individuals members OECD organisation rates tax united states

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How do the United States tax rates for corporations and individuals compare with other members of the OECD, Organisation for Economic Cooperation and Development ?

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At 39% (inclusive of state income taxes) the United States boasts one of the highest average top corporate income tax rates, second only to Japan. Average rate for the major competitors is approximately 31%. Alternatively, with a top combined marginal individual tax rate of 39%, the United States ranks in the bottom of the list. Proper tax planning, income shifting and other financial techniques are used to minimize your tax burden and increase your cash flows.