US will now have the highest corporate tax rate in the World

So you are trying to decide where to locate your company. You face a 40% tax rate in the US or a 12.5% tax rate in Ireland. Would it matter to you? In addition, these taxes are just part of the story. The US has a very unfriendly corporate regulatory structure and criminal penalties compared to most countries.

From Investors' Business Daily;

Earlier this week, Japan quietly announced it was cutting its corporate tax rate by 5 percentage points next year. That will leave the U.S., where the average combined federal and state corporate rate is 40%, with the highest rate in the developed world (see chart). . . . .