American Express Saves Taxes in (Not New) Jersey -- WSJ

Dow Jones
02/07

By Richard Rubin

American Express lowered its corporate income taxes by $241 million through operations on the island of Jersey in 2025, the company reported in a securities filing on Friday. The company didn't have a similar disclosure for 2024, but new accounting rules are requiring corporations to report more granular details now.

Jersey, located in the English Channel, has a population of about 104,000. It's a Crown Dependency that's governed separately from the United Kingdom.

The $241 million is the combination of two factors: Jersey's low corporate income tax rate (0% for most companies) and the 15% income tax it created as part of the global agreement to impose corporate minimum taxes. Without the Jersey effect, American Express's tax rate would have been 1.8 percentage points higher.

The company didn't immediately respond to a request for comment.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 06, 2026 15:40 ET (20:40 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10