Different countries have different statutory tax rates. Choose an industry and select five companies that operate in different countries. Access these companies’ most recent financial statements and...

Different countries have different statutory tax rates. Choose an industry and select five companies that operate in different countries. Access these companies’ most recent financial statements and make note of their statutory and effective income tax rates. Alternatively, use the railway industry and the following companies: Canadian National Railway: ……………Canada Deutsche Bahn: ………………..Germany East Japan Railway: ……………….Japan NSB Group: …………………Norway National Railroad Passenger Corporation (Amtrak): ……United States Instructions Access the most recent reports for the five companies you chose. For each company, identify its year end, country of operation, statutory income tax rates, and effective tax rates. Discuss any similarities or differences found. View Solution:

Different countries have different statutory tax rates Choose an industry