Marianne Lake, JP Morgan’s chief financial officer, has suggested that about $7 billion of the fine is likely to be tax deductible, that is, treated as a form of necessary and usual business expense. The bank was taxed at an effective rate of 31.3% in the first nine months of 2013, according to the Wall Street Journal, implying a tax break worth around $2.2 billion (which could end up higher).
但是，摩根大通股东们也没有什么好担心的。摩根大通首席财务官玛丽安妮·莱克（Marianne Lake）表示，这笔罚款中有大约70亿美元可以适用于税收扣减，也就是说，被当作必要的常规经营费用处理。据华尔街日报的数据，2013年前九个月，该银行的有效税率是31.3%，这意味着税收扣减好处价值22亿美元（可能还要高）。