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lpbk2713

(42,757 posts)
3. And a lot of mega corporations paid nothing.
Thu Apr 25, 2019, 03:12 PM
Apr 2019


The following is a list of the country’s largest publicly-held profitable corporations that paid no federal income taxes in 2018 on billions in U.S. income, according to ITEP analysis of 560 companies. ITEP reports U.S. income before federal taxes, and takes into consideration paid state and local taxes, which could reduce or increase U.S. income. The report does not look at total tax provision, a number that could include foreign taxes and deferred taxes. All figures, except for tax rate, are in millions.


Article dated 04-19-19: https://publicintegrity.org/business/taxes/trumps-tax-cuts/you-paid-taxes-these-corporations-didnt/

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