Faculty News
Data compiled by Prof. Aswath Damodaran on the effective tax rates for US companies is cited
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Excerpt from MediaMatters.org -- "According to data compiled by Aswath Damodaran of NYU, the oil and gas distribution industry paid an effective U.S. income tax rate of 15 percent last year; the petroleum producing sector paid 8.5 percent; integrated petroleum companies paid 27 percent; oilfield services and equipment companies paid 16.5 percent; and the natural gas sector paid 15 percent."