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3M’s Tax Rate: Sticking to the Competition or Leading the Way?

Unknown Apr 02, 2026 1 Views
3M’s Tax Rate: Sticking to the Competition or Leading the Way?
3M's effective tax rate for 2024 was 16.68%, compared to 27.78% last year, reflective of judicious tax management practices. It compares favorably with the industrial manufacturing sector where peer companies typically have effective tax rates between 15% and 25%. Around the globe, corpor...
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