These 13 companies pay the highest effective tax rate in the US

These 13 companies pay the highest effective tax rate in the US

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Reed Saxon/AP

The Trump administration’s tax plan is once again at the forefront of the news cycle.

New tax reform framework released by the "The Big Six" offers insight into the types of cuts the White House wants. 

Meanwhile, analysts at Credit Suisse have compiled a list of the companies that currently stand the most to gain from a reduced tax burden.

Here are the 13 companies with the highest effective US tax rate, according to Credit Suisse.

13. TechnipFMC

Markets Insider

Ticker: FTI

Effective Tax Rate: 40.7%

Sector: Energy

Year-to-Date Performance: -23.3%

Source: Standard & Poor’s, FactSet, Credit Suisse

12. Quintiles IMS Holdings

Ticker: Q

Effective Tax Rate: 40.8%

Sector: Health Care

Year-to-Date Performance: 

Source: Standard & Poor’s, FactSet, Credit Suisse

11. Williams Companies

Markets Insider

Ticker: WMB

Effective Tax Rate: 41.6%

Sector: Energy

Year-to-Date Performance: -3.88%

Source: Standard & Poor’s, FactSet, Credit Suisse

See the rest of the story at Business Insider

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• CREDIT SUISSE: Here are 6 things that could make or break the stock market in 2018

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