Tax
Foreign Rate Differential
Analysis
StatementIncome Statement
SectionTax
CategoryOther
SignalLower is better
VolatilityStable
How to read this metric
A negative differential suggests lower average tax rates abroad, which can improve net margins, while a positive differential indicates higher foreign tax burdens.
Detailed definition
Quantifies the difference between the domestic statutory corporate tax rate and the weighted average tax rates applicabl...
Peer comparison
Standard metric for multinational insurance and financial services firms with global operations.
Metric ID:
tmo_foreign_rate_differentialForeign Rate Differential at Other Companies
Frequently Asked Questions
- What does foreign rate differential mean?
- The tax rate advantage or disadvantage of operating in foreign countries versus the home country.