280 biggest publicly traded American companies paid little US taxes, study finds

November 3, 2011

Government/Politics

Biggest Public Firms Paid Little U.S. Tax, Study Says

By DAVID KOCIENIEWSKI
The New York Times

 A comprehensive study released on Thursday found that 280 of the biggest publicly traded American companies faced federal income tax bills equal to 18.5 percent of their profits during the last three years — little more than half the official corporate rate of 35 percent and lower than their competitors in many industrialized countries.

http://www.nytimes.com/2011/11/03/business/280-big-public-firms-paid-little-us-tax-study-finds.html

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