What Companies Did Not Pay Taxes In The U.S.

Posted On 03 Mar 2014
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Tag: companies not pay tax in USA, federal tax, tax exemptions, U.S. companies not pay tax

Thanks to loopholes and tax breaks in the United States more than a dozen U.S. companies managed to pay little or nothing in federal taxes between 2008 and 2012, according to a study generated by Citizens for Tax Justice.

Profitable firms in the U.S. must pay 35% of federal income taxes arising from their profits. However, this report documents that countless successful companies manage to pay much less than that, or not at all.

In his report were examined 288 companies that pay their federal income was below 19.4%, some of these are listed in the Fortune 500.

Their study also showed that two-thirds of these companies in the sample rates higher taxes paid to foreign governments in which they operate than they paid in the USA on your winnings in this country.

These tax exemptions claimed are concentrated in the hands of a few companies, the report adds. Only 25 companies claimed tax cuts by $ 174 billion over five years. This amount is almost half of the $ 364 billion in tax benefits claimed all the 288 companies comprising the sample.

The list of 26 companies that pay taxes waged from 2008 to 2012 are:

1. Pepco Holdings
2. PG & E Corp
3. NiSource
4. Wisconsin Energy
5. General Electric
6. CenterPoint Energy
7. Integrys Energy Group
8. Atmos Energy
9. Tenet Healthcare
10. American Electric Power
11. Ryder System
12. Con-way
13. Duke Energy
14. Priceline.com
15. FirstEnergy
16. Apache
17. Interpublic Group
18. Verizon Communications
19. Nexera Energy
20. Consolidated Edison
21. CMS Energy
22. Boeing
23. Northeast Utilities
24. Corning
25. Paccar
26. MetroPCS Communications

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