Shareworthy articles and content syndicated from other sites. These aren’t things I’ve written or necessarily endorse, for the record.
Many episodes of Seinfeld revolved around the four main characters attempting to find each other. There’s no doubt that with cell phones and other modern technology Seinfeld would have been a lot different. Here are ten episodes that would be difficult to pull off with today’s technologies.More »
General Electric managed the remarkable task of paying absolutely no taxes on U.S. profits of $5.1 billion.
They’re not the only tax dodgers.
Over 100 companies on the S&P500 paid less than 20 percent in taxes, according to a study by Capital IQ and the NYT. That's not even counting 37 companies like Citigroup and AIG that received more in tax credits than they paid. All this thanks to loopholes in the immensely complicated tax code.
America’s corporate tax rate is supposed to be 35 percent.
We tracked down the data from Capital IQ to identify 16 more large, profitable corporations that pay less than 5 percent in taxes.
Pre-tax income: $463 million
Taxes paid: $21 million
Tax rate: 4.62%
2005-2009 aggregate data provided by Capital IQ.
Pre-tax income: $17,587 million
Taxes paid: $796 million
Tax rate: 4.46%
2005-2009 aggregate data provided by Capital IQ.
Pre-tax income: $3,512 million
Taxes paid: $152 million
Tax rate: 4.33%
2005-2009 aggregate data provided by Capital IQ.
See Also:
A Delaware man is sentenced to more than 16 years in prison on ID theft-related charges.
Retailer plans to expand its online presence to help it compete more effectively with Web-based rivals.
Will Sponsored Stories perform better than standard Facebook ad campaigns? Some early impressions. …