How much in taxes did AIG pay last year?

[Th1onein]

Bear Stearns?

Anybody know?

[bullimiami]

1. the real classic american story is that many people who cant afford insurance

will be helping bail out a huge insurance company to the tune of 85 billion dollars.

[old guy]

6. Great post!

Call the Obama campaign with this idea for an ad.

[Marrah_G]

2. Here you go

http://findarticles.com/p/articles/mi_m0EIN/is_/ai_n24356452

Around 4 billion.

Here are their financials for 2007:

http://media.corporate-ir.net/media_files/irol/76/76115/pdf/10K_pdf.pdf

[Th1onein]

7. So AIG paid around $4 billion in taxes in 2007?

Is that correct?

On their 2007 financials, I'm seeing a "net income" of $6200.00. That means that they paid very little in taxes. How much in taxes would they have paid on that $6200.00

[Igel]

8. The numbers are in millions.

"(in millions, except per share data)"

So that 6200 = 6200 x 1,000,000 = $6,200,000,000. But that's gross unadjusted income, and what they're taxed on was far lower.

[Th1onein]

9. I'm writing a LTE; I'd like to have at least a ballpark figure.

Could you help me out? Anybody?

[kestrel91316]

3. Only the Little People pay taxes.

[gateley]

4. Oooh - good question. Interested to see the answer. nt

[mrJJ]

5. No way to tell

AIG has 250 subsidiaries... there no way to get a true picture of their tax exposure .