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1.71 MB
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Document Information
Type:
Financial analysis report
File Size:
1.71 MB
Summary
This document is page 5 of a Bank of America Merrill Lynch 'Equity Strategy Focus Point' report dated January 29, 2017. It analyzes the potential impact of a 20% domestic corporate tax rate on S&P 500 Earnings Per Share (EPS), breaking down the impact by sector (Financials, Discretionary, Telecom, etc.). The document bears a 'HOUSE_OVERSIGHT_023073' Bates stamp, indicating it was part of a document production to the House Oversight Committee, likely related to financial investigations, though the page content itself is generic market analysis.
Organizations (5)
Locations (1)
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Key Quotes (2)
"While the effective tax rate of the S&P 500 is generally about 28%... we estimate that the tax rate for the S&P 500's domestic operations is much higher at roughly 33%"Source
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"The market is beginning to price in the benefits of tax cuts , but we may still be in the early days"Source
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