These 11 companies have the lowest effective tax rate in the US
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Thomson Reuters
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.
And if you are wondering which companies don’t need a tax cut, analysts at Credit Suisse have compiled a list of the companies that already pay the lowest tax rates in the country.
Here are the 13 companies with the lowest effective US tax rate, according to Credit Suisse.
11. XL Group
Markets Insider
Ticker: XL
Effective Tax Rate: 4.8%
Sector: Financials
Year-to-Date Performance: +7.66%
Source: Standard & Poor’s, FactSet, Credit Suisse
10. IHS Markit
Markets Insider
Ticker: INFO
Effective Tax Rate: 4.4%
Sector: Industrials
Year-to-Date Performance: +23.06%
Source: Standard & Poor’s, FactSet, Credit Suisse
9. Micron Technology
Markets Insider
Ticker: MU
Effective Tax Rate: 3.7%
Sector: Technology
Year-to-Date Performance: +79.68%
Source: Standard & Poor’s, FactSet, Credit Suisse
See the rest of the story at Business Insider
See Also:
- These 13 companies pay the highest effective tax rate in the US
- Trump just took credit for stock-market records once again — so we graded his claims
- CREDIT SUISSE: Here are 6 things that could make or break the stock market in 2018
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