The Automotive Tax Rate Benchmarking Study for 2013 provides insight into the effective tax rate (ETR) reported by automotive companies in 2012, the trend in ETR over the last three years and the drivers of the ETR. Public interest in how much tax is paid by large corporates and whether this is the ‘right’ amount of tax is growing as the need to repair public finances around the world intensifies. At an industry level, this report can help provide robust data to inform the debate over the effective rate of tax that corporates pay and the trend over the last 3 years.
The analysis incorporates company data for 59 automotive companies for accounting periods ending in 2012. The companies included in the study are detailed at the end of this Insight.