Sunday, October 27, 2013

Over 10% of US largest firms pay no tax


One in nine companies listed on the S&P 500 paid an effective tax rate of zero percent over the past year.

Among companies listed on the S&P 500, almost one in nine paid an effective tax rate of zero percent – or even lower – over the past year, according to an analysis by USA Today.

There are 57 separate companies listed on the index that paid a zero percent rate from the past year .... http://rinf.com