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Top 25 Corporate Tax Dodgers

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Kurmudgeon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-11 08:11 AM
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Top 25 Corporate Tax Dodgers
http://moneywatch.bnet.com/saving-money/blog/devil-details/top-25-corporate-tax-dodgers/5095/
"Twenty-five of the nation’s highest-paid chief executive officers took home more pay than their companies shelled out in corporate income taxes last year even though their companies earned an average of $1.9 billion, according to a new study by the Institute for Policy Studies.

Methods of stiffing Uncle Sam vary, but IPS notes that 18 of these “hyperactive tax-dodging” corporations operate subsidiaries in offshore tax havens, such as Bermuda, Singapore and Luxembourg. They’ve also hired aggressive lobbyists to argue for special tax breaks that can cause these companies to essentially reap tax subsidy payments from Uncle Sam."
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