Goldman Sachs is paying the world’s highest rate on its investment income.
The investment giant paid $11.3 billion in U.S. taxes in 2016, according to a new report by the Tax Policy Center.
The tax was paid on a tax-free profit of $3.9 billion.
Goldman Sachs earned $13.6 billion in profits last year, or roughly 20 percent of its revenue.
This is the highest income tax paid by any private equity firm in America.
Hedge funds and other financial institutions make money by selling stock, bonds and other securities.
They do so by investing money and time in risky projects.
They don’t actually earn money.
But they make a lot of money by investing in stocks, bonds, derivatives and other risky investments.
In addition to the $11 billion Goldman Sachs paid in taxes, the investment giant also earned $1.9 trillion in deferred tax assets.
This means that if it paid all its taxes, Goldman Sachs would have made $1 trillion in profits.
This amounts to a tax rate of about 25 percent.
While this is not a particularly high rate, it is a major contributor to the deficit.
It also means that Goldman Sachs has the potential to reduce the deficit by a lot if it makes the best investments it can make.
A few other large investment firms paid less in taxes than Goldman Sachs did.
Goldman’s tax rate in 2016 was lower than the rate paid by other large private equity firms.
One of the most successful hedge funds in the U.K. and Europe, which was acquired by Goldman Sachs in 2005, paid $2.1 billion in taxes.
Other large investment funds in Europe and the U-K.
paid less than 1 percent of their revenue in taxes in the past five years.
Other major financial firms also paid less tax than Goldman, such as Wells Fargo, which paid $1 billion, and Bank of America, which only paid $5 million in taxes for 2016.
The report also showed that the investment tax paid in the United States by private equity funds in 2016 came in below what the government pays on investments like real estate, oil, metals and other commodities.
The highest tax rate paid was paid by the investment bank of the same name in the UK, which earned $8.2 billion in taxable profits in 2016.
This was followed by the asset management firm of the name of BofA, which spent $4.9 million in tax revenues on its investments in 2016 and paid $4 billion in tax.
The other big investment firms were also among the top 20 in terms of their tax bills.
They paid $17.3 million in corporate taxes and $5.3 in personal taxes in their 2016 tax returns.
The next-highest private equity fund was the investment firm of UBS, which collected $5 billion in corporate tax and $2 billion for personal taxes.
BofB earned $9.7 billion in total tax revenues in 2016 for a total tax bill of $22.9.
These companies also paid the highest corporate tax rate among U.N. members.
In contrast, the United Kingdom’s highest corporate rate was 20 percent.
The United States’ lowest corporate rate is 15 percent.
Hedge fund companies also received more in government subsidies than other large investments.
For instance, hedge fund manager Blackstone paid $20 billion in federal and state taxes in 2017.
The hedge fund company was also one of the top five hedge fund managers in the world.
Bowing to pressure from Trump, the hedge fund firm was able to reduce its federal tax bill by $9 billion to $941 million.
However, the amount it paid in tax on those federal and federal state taxes is still more than half the amount paid by Blackstone in all of 2016.
As for the UBS fund, it paid $6.7 million in federal, state and local taxes in its 2016 tax return.
Its tax bill was about $16.4 billion.
These high tax rates and other subsidies for hedge fund companies and other investments helped boost the economy and provide jobs to American workers and companies.
Goldman and other big investments made by the world famous investment giant are also a major source of income for the United Nations, which in turn generates much of the money for other U.