place low burdens on corporate income and investment. Other countries provide smaller specific benefits for certain types of income and activity and place higher tax burdens on corporate investment. This report compares the tax burden on corporations in the United States under current law to the corporate tax burdens of 36 Organisation for Economic Co-operation and Development member nations. It also considers two leading proposals to reform US corporate income taxation and several alternative policies. Each option is evaluated using three metrics: the statutory corporate income tax rate, the corporate marginal effective tax rate (METR), and the corporate average effective tax rate (AETR).
