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:
















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%