Do you mean average effective tax rates? Profits in financial statements are very different from taxable profits. And taxes actually paid can be different from tax expense reported in statements. Corporations can get refunds from taxes previously paid and they can pre-pay taxes that will be due in future years. Among other issues.
On Mon, Nov 19, 2012 at 9:10 PM, michael perelman < [email protected]> wrote: > How are profit rates calculated? IRS data or the profits reported to > shareholders? > > -- > Michael Perelman > Economics Department > California State University > Chico, CA > 95929 > > 530 898 5321 > fax 530 898 5901 > http://michaelperelman.wordpress.com > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l >
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