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Consulting Case Interview Practice Questions

Category - Facts to Know

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What can be used as a combined state and federal tax rate for corporations in the United States?
  1. 20.3%
  2. 25.3%
  3. 32.3%
  4. 35.3%
  5. 39.3%
Explanation
Answer: The US combined federal and state corporate tax burden is 39.3%.

Key Takeaway: Some of your analysis may require you to factor in taxation. At 39.3%, the US has one of the highest taxation rates in the world. It is 2nd only to Japan (39.5%) amongst OECD countries.
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