Lower Tax Bills Fueling Best Earnings Quarter Since 2011

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The biggest U.S. firms discovered a brand new components for achievement within the first quarter: bigger pretax earnings and smaller tax payments.

Greater than half of the mixed web revenue reported by 200 giant public firms within the first quarter stemmed from a decline within the firms’ efficient tax charges, a Wall Road Journal evaluation of quarterly monetary knowledge from Calcbench discovered.


Supply hyperlink – https://www.wsj.com/articles/the-new-corporate-diet-fatter-profits-skinnier-tax-bills-1525348801?mod=pls_whats_news_us_business_f

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