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Tag >> Citizens for Tax Justice
Jun 02
2011

12 companies paid no taxes from 2008-2010

Posted by Stephen Taub in TaxcomplianceCitizens for Tax JusticeCash

Stephen Taub

One dozen companies paid no taxes over the most recent three-year period.

According to a study from Citizens for Tax Justice, the 12 companies paid an effective tax rate of negative 1.5 percent on $171 billion in profits. In the process, they reaped $62.4 billion in tax subsidies over the 2008-10 period.

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