Saturday, August 16, 2008

Study says most corporations pay no U.S. income taxes | Markets | Bonds News | Reuters

Study says most corporations pay no U.S. income taxes | Markets | Bonds News | Reuters: "The report did not name any companies. The GAO said corporations escaped paying federal income taxes for a variety of reasons including operating losses, tax credits and an ability to use transactions within the company to shift income to low tax countries."

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