It's the second U.S. corporation, after GE, to exceed that level.

Change seen as way to encourage long-term investing.

Change seen as way to encourage long-term investing.

Some businesses would win, some would lose, under proposals lawmakers are drafting to impose a lower tax rate on income generated from intellectual property housed in the U.S.

Split in business community makes corporate tax reform even less likely.

Split in business community makes corporate tax reform even less likely.

Thermo Fisher is projecting global tax rate under 3%, but executive says U.S. tax system makes it hard to compete overseas.

Thermo Fisher is projecting global tax rate under 3%, but executive says U.S. tax system makes it hard to compete overseas.