Total | Total | |||||||||||||||||
5 Years | 5 Years | 5 Years | ||||||||||||||||
2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | 2013 | 2012 | 2012 | 2012-16 | 2012-16 | 2012-16 | ||||||
US | US | US | US | US | US | US | US | US | US | US | US | Effective | ||||||
Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | US Tax | ||||||
Paid | Income | Paid | Income | Paid | Income | Paid | Income | Paid | Income | Paid | Income | Rate 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 | |||||||
DuPont | 40 | 1,457 | 218 | 1,397 | 656 | 2,537 | 160 | 962 | 121 | 640 | 1,195 | 6,993 | 17.1% | |||||
Dow Chemical | 91 | 485 | 583 | 5,313 | (161) | 1,652 | 805 | 3,979 | 241 | (401) | 1,559 | 11,028 | 14.1% | |||||
Total | 131 | 1,942 | 801 | 6,710 | 495 | 4,189 | 965 | 4,941 | 362 | 239 | 2,754 | 18,021 | 15.3% |
Friday, November 17, 2017
Big 2 US Chemical Cos (DuPont and Dow Chemical) Total US Federal Effective Tax Rate Paid In Most Recent Five Years Was Only 15.3%, 19.7% Below the US Federal Statutory Tax Rate of 35.0% ...................................................................................... At Dec 31, 2016, DuPont Also Had $17.4 Bil and Dow Chemical Had $18.7 Bil of Foreign Earnings They Will Both Be Able to Repatriate Cheaply Under the Trump Tax Proposal
Based on a review of their audited annual income tax footnotes filed
with the SEC, below are the US Federal Income Tax Paid along with the US Pretax
Income of both of the Big 2 US Chemical Companies: