Tax Cut! Yardeni Research Calculates Effective Corporate Tax Rate Already Fallen To 13% [zero hedge]
Churchill Capital Corp V Class A (CCV)
US:NYSE Investor Relations:
cmcsa.com/investors
Company Research
Source: zero hedge
In March 2017, The Institution on Taxation and Economic Policy (ITEP) released its latest report examining the corporate tax filings for Fortune 500 companies. It looked at 258 of the companies which had been "consistently profitable" from 2008 to 2015. The report concluded that these companies were collectively paying far less than the statutory 35% federal corporate tax rate – in fact the average effective tax rate was 21.2%. According to the ITEP report.Many profitable corporations are finding ways to zero out their corporate taxes. Of the 258 profitable Fortune 500 companies in our sample:18 paid ZERO in taxes over the full eight-year period.100 paid zero—or less—in at least one profitable year during the eight-year period, 58 of those companies had multiple zero-tax years.24 companies zeroed out their taxes in at least four of the eight years. 48 companies paid a rate between 0 and 10 percent over eight years.In general, it found that utility, oil, gas and pipeline companies ten
Show less
Read more
Impact Snapshot
Event Time:
CCV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CCV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CCV alerts
High impacting Churchill Capital Corp V Class A news events
Weekly update
A roundup of the hottest topics