The current U.S. marginal tax rate for domestic nonfinancial corporations is 35 percent.
A) This is positioned pretty well in the middle of the rates assessed by the majority of countries, as reported in the PriceWaterhouseCoopers annual Corporate Taxes: Worldwide summaries.
B) Is positioned toward the upper end of the rates assessed by the majority of countries.
C) But this is reduced on a dollar-for-dollar basis for any and all taxes paid to foreign governments, so this is an upper limit for the tax rate faced by U.S. MNCs.
D) All of the above
Correct Answer:
Verified
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