THE TAX GAP
U.S. Federal Corporate Tax Analysis: 2018—2023.
Statutory Rate
21%
Effective Rate
11%
Sector Discrepancy (Billions USD)
Black: Actual Taxes Paid | Outlined: Owed at 21%
Historical Rate Trend
Primary Methods
01. R&D CREDITS
Direct dollar reductions for innovation spending. Heavily utilized by tech.
02. DEPRECIATION
Immediate 100% write-offs for capital equipment purchases.
03. OFFSHORE SHIFTING
Moving IP ownership to low-tax jurisdictions to avoid U.S. rates.