The average tax rate of the 9 technology companies with CFOs ranked in the top 25 highest paid was about 30 percent. Excluding Facebook’s 89.3 percent tax rate last year, related to one-time charges following its initial public offering, the effective tax rate for the group is about 22 percent for fiscal 2012.
“Within the rule of law, you want someone who understands” navigating the tax code, said Carola Frydman, a professor of economics at Boston University. “If we don’t think this is necessarily fair, then we need to change the tax code.”