[OC] Where did it come from, where did it go? United Airlines 22Q3 FinancialsSubmitted by cyberentomology t3_y84lo7 in dataisbeautiful
guberhardt t1_isypqhf wrote
The fact that corporate income tax is only 18.3% catches my attention
cyberentomology OP t1_isywpnw wrote
That’s close enough to the statutory rate that is not particularly significant. They may have some capex that could offset some of their tax liability, or they may have overprovisioned in a previous quarter.
It could be that some of it is also subject to tax outside the US at a lower rate.
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