Home Tax A Few Firms Might Bear Brunt of New Minimal Tax – UNC Tax Middle

A Few Firms Might Bear Brunt of New Minimal Tax – UNC Tax Middle

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A Few Firms Might Bear Brunt of New Minimal Tax – UNC Tax Middle

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Analysis by the UNC Tax Middle reveals simply six publicly traded U.S. corporations, together with Amazon and Warren Buffett’s Berkshire Hathaway Inc., would have paid half the estimated $32 billion in income generated by a 15% company minimal tax signed into legislation final month. “Who truly pays so much is simply not very many corporations in any respect,” stated Jeff Hoopes, UNC Kenan-Flagler Enterprise Faculty professor and the middle’s analysis director. “My guess is it is not going to be the identical corporations each single 12 months.” The examine, co-authored by Hoopes and Analysis Affiliate Christian Kindt, obtained protection within the Wall Road Journal, Barron’s, Bloomberg, Yahoo! Finance and CNBC.

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