| Total | 5 Years | |||||||||||||||||
| 5 Years | Total | 2012-16 | ||||||||||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | 2012-16 | 5 Years | Consol | |||||||||||
| Consol | 2016 | Consol | 2015 | Consol | 2014 | Consol | 2013 | Consol | 2012 | Consol | 2012-16 | Effective | ||||||
| Income | Consol | Income | Consol | Income | Consol | Income | Consol | Income | Consol | Income | Consol | Income | ||||||
| Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax Rate | ||||||
| Paid | Income | Paid | Income | Paid | Income | Paid | Income | Paid | Income | Paid | Income | Paid | ||||||
| mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | |||||||
| Berkshire Hathaway | 6,565 | 33,667 | 5,426 | 34,946 | 3,302 | 28,105 | 5,168 | 28,796 | 4,711 | 22,236 | 25,172 | 147,750 | 17.0% |
Wednesday, November 22, 2017
Giant Berkshire Hathaway Consolidated Income Tax Rate Paid Was 17.0% in the Most Recent Five Years With 85% of its Consolidated Revenues in the US ...................................................................................... Berkshire Will Also Make Out Like a Bandit From the Trump Tax Proposal With the US Statutory Federal Income Tax Rate Dropping By 43% From 35.0% to 20.0% ...................................................................................... Berkshire Will Also Benefit Greatly From Having a Net Deferred Income Tax Liability at December 31, 2016 of $77 Bil Which is Established Predominately at the Higher 35% Tax Rate Which Will Be Required to be Overwhelmingly Reduced and Earnings Increased Under the Trump Tax Proposal ...................................................................................... Berkshire Also Has $12 Bil of Foreign Earnings It Will Be Able to Repatriate Cheaply Under the Trump Tax Proposal
Based on a review of their audited financial statements and annual income tax footnotes filed
with the SEC, below is the US Consolidated Income Tax Paid along with the related Consolidated Pretax
Income for each of the most recent five years of Berkshire Hathaway:
