On the recordMay 20, 2013
They are headquartered in South Korea that has as top corporate tax rate of 24 percent, which is 15 points lower than the U.S. corporate tax rate of 39.5 percent.
Source
congress.govThey are headquartered in South Korea that has as top corporate tax rate of 24 percent, which is 15 points lower than the U.S. corporate tax rate of 39.5 percent.
Portman compares U.S. corporate tax rates to those of South Korea.
Share & report
More from Rob Portman
What are we doing about it? Well, we are helping the Ukrainians militarily, and I think that has been extremely helpful to the successes we have seen on the battlefield.
We have got to get back to a system where we are serving the people, and that means agreeing on that objective.
To solve the problem of transparency we must require platforms to move beyond the black box with legislation like the Platform Transparency and Accountability Act.