The US has a relatively low corporate tax rate compared to other developed countries. The U.S. relies significantly more on deductions and credits than any oth

The US has a relatively low corporate tax rate compared to other developed countries. The U.S. relies significantly more on deductions and credits than any other nation, lowering the effective corporate tax rate below 20%, or even into single digits, for most corporations. Many corporations are able to lower their effective rates to single digits, or even below zero (i.e., GE). Size is not a factor in this; proper planning is. Paying an expert $10,000 to structure your business flows at the beginning can save millions down the line. You would not skip out on hiring a lawyer to properly incorporate your business and draft your shareholders agreements, so why would you skip out on a tax planner?