CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Via Anarcho-Capitalists' Forum: 10 companies that are great at avoiding taxes Mon Jun 30, 2014 2:48 am | |
| U.S. multinational companies sidestep a whopping $90 billion in federal income tax annually, according to a study released this month by the Citizens for Tax Justice and the U.S. Public Interest Research Group. Some companies are so successful at skirting taxes that they end up making money from the government: 26 of the 288 profitable companies examined paid a negative tax rate over the five-year period from 2008 to 2012.
While this may sound bad, these corporations are usually just taking advantage of tax loopholes in a completely legal manner. And many people say that those tax savings may help boost the economy, as corporations use that saved money to expand their companies and hire new workers.
More: http://www.marketwatch.com/story/10-companies-that-are-great-at-dodging-taxes-2014-06-18 _________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
|