The U.S. IRS recently published updated tax statistics based on data taken from Country-by-Country (CbC) reports (Form 8975 and Form 8975 Schedule A). This includes data on the number of filers, revenues, profit, income taxes (paid/accrued), earnings, number of employees, tangible assets, and number of constituent entities for the years 2016 to 2018. The data is presented in various ways, including by major geographic regions and selected tax jurisdictions, by major industry groups, and by effective tax rates, among others. With respect to effective tax rates for 2018, this includes that approximately 48.3% of U.S. MNEs global profits were subject...