Wednesday, November 22, 2017

CBS Paid US Federal Income Tax Rate of 10.6% in the Most Recent Five Years, 24.4% Below the Statutory US Federal Income Tax Rate of 35.0% ...................................................................................... The Free-Spending Trump Administration Reacts By Irrationally Trying To Force the US Senate To Lower US Federal Income Taxes on Big US Corps By Another 43% By Reducing the Statutory US Federal Income Tax Rate From 35.0% to 20.0% ...................................................................................... CBS Also Has $4.55 Bil of Foreign Earnings It Will 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 is the US Federal Income Tax Paid along with the related US Pretax Income for each of the most recent five years of CBS Corp:















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



















CBS        359     1,803
       110     1,840
       (17)     1,484
       310     2,283
       236     2,030
       998       9,440 10.6%