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These 11 companies have the lowest effective tax rate in the US

Analysts at Credit Suisse have compiled a list of the companies that already pay the lowest tax rates in the US.

The Trump administration's tax plan is once again at the forefront of the news cycle.

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Framework for a tax plan released by the "Big Six" offers insight into the types of cuts the White House wants, including a lowering of the 35% corporate rate.

But some companies already pay significantly less than that, as seen by a list compiled by Credit Suisse analysts of the companies that pay the lowest tax rates in the US.

Here are the 13 companies with the lowest effective US tax rate, according to Credit Suisse.

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11. XL Group

Ticker: XL

Effective Tax Rate: 4.8%

Sector: Financials

Year-to-Date Performance: +7.66%

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Source: Standard & Poor's, FactSet, Credit Suisse

10. IHS Markit

Ticker: INFO

Effective Tax Rate: 4.4%

Sector: Industrials

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Year-to-Date Performance: +23.06%

Source: Standard & Poor's, FactSet, Credit Suisse

9. Micron Technology

Ticker: MU

Effective Tax Rate: 3.7%

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Sector: Technology

Year-to-Date Performance: +79.68%

Source: Standard & Poor's, FactSet, Credit Suisse

8. Extra Space Storage

Ticker: EXR

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Effective Tax Rate: 3.7%

Sector: Real-estate investment trusts

Year-to-Date Performance: +7.56%

Source: Standard & Poor's, FactSet, Credit Suisse

7. Host Hotel & Resorts

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Ticker: HST

Effective Tax Rate: 3.3%

Sector: REITs

Year-to-Date Performance: +24.79%

Source: Standard & Poor's, FactSet, Credit Suisse

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6. Becton, Dickinson and Company

Ticker: BDX

Effective Tax Rate: 3.3%

Sector: Healthcare

Year-to-Date Performance: +20.24%

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Source: Standard & Poor's, FactSet, Credit Suisse

5. Electronic Arts

Ticker: EA

Effective Tax Rate: 2.9%

Sector: Technology

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Year-to-Date Performance: +48.03%

Source: Standard & Poor's, FactSet, Credit Suisse

4. Digital Realty Trust

Ticker: DLR

Effective Tax Rate: 2.4%

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Sector: Real-estate investment trusts

Year-to-Date Performance: +23.38%

Source: Standard & Poor's, FactSet, Credit Suisse

3. Pioneer Natural Resources

Ticker: PXD

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Effective Tax Rate: 2.3%

Sector: Energy

Year-to-Date Performance: -21.46%

Source: Standard & Poor's, FactSet, Credit Suisse

2. Prologis

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Ticker: PLD

Effective Tax Rate: 2.3%

Sector: Real-estate investment trusts

Year-to-Date Performance: +23.22%

Source: Standard & Poor's, FactSet, Credit Suisse

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1. Baxter International

Ticker: BAX

Effective Tax Rate: 2.0%

Sector: Healthcare

Year-to-Date Performance: +40.73%

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Source: Standard & Poor's, FactSet, Credit Suisse

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