Postal Service Files Assumed Federal Income Tax on Competitive Products for FY 2015
01/20/2016
The United States Postal Service has filed a notice with the Postal Regulator Commission showing the calculation of the assumed Federal income tax on competitive product for FY 2015.
http://www.prc.gov/docs/94/94725/FY15.Tax.Calculation.Notice.pdf
Competitive product revenue was $16.4 billion out of an overall revenue of $68.9 billion. The USPS net income before tax was roughly $2.7 billion and will be taxed at a rate of 35%.
