# Prof. Aswath Damodaran's research on corporate taxation is cited

1 Faculty News November 19, 2014 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from [Financial Times](http://ftalphaville.ft.com/2014/11/19/2040542/the-costs-of-offshore-tax-avoidance-part-1/) -- "It’s also worth noting that some tax-minimisation strategies do not seem to require any cross-border chicanery. According to data compiled by NYU Stern’s [Aswath Damodaran](http://w4.stern.nyu.edu/faculty/bio/aswath-damodaran), the sectors that pay the lowest effective tax rates in the US include broadcasters, coal companies, homebuilders, and telecoms operators — all businesses that make the bulk of their money from domestic operations."

[Read more](http://ftalphaville.ft.com/2014/11/19/2040542/the-costs-of-offshore-tax-avoidance-part-1/)