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.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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