They reportedly paid no income tax in 2015

Legion Troll

A fine upstanding poster
030716-No-Tax-Paid.jpg




There are 27 companies in the Standard & Poor's 500, including telecom firm Level 3 Communications (LVLT), airline United Continental (UAL) and automaker General Motors (GM), that reported paying no income tax expense in 2015 despite reporting pre-tax profits, according to a USA TODAY analysis of data from S&P Global Market Intelligence.

Only profitable firms were included in the analysis since firms that lost money - like many energy companies - wouldn't be expected to pay taxes.

http://www.usatoday.com/story/money/markets/2016/03/07/27-giant-profitable-companies-paid-no-taxes/81399094/?AID=10709313&PID=6146920&SID=ilk2ilfrm7002agb00dth
 
Back
Top