Aug 16, 2014

Forget Inversions, These 20 Huge, Profitable Companies Already Pay Zero Tax

Forget Inversions, These 20 Huge, Profitable Companies Already Pay Zero Tax:



"There are 20 such companies in the Standard & Poor’s 500, including drugmaker Merck (MRK), computer storage company Seagate (STX) and automaker General Motors (GM). They reported effective tax rates of 0% or lower in the second calendar quarter despite reporting a profit for that same period."



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