Economy

Demeter

(85,373 posts)

52. Large companies find ways to a zero tax rate

Fri Nov 1, 2013, 11:40 AM

Nov 2013

http://www.usatoday.com/story/money/business/2013/10/23/big-companies-pay-no-taxes/2480281/

Despite widespread groans about the recent disclosure that Apple is finding ways to cut its federal tax bill, an analysis shows the computer giant is one of scores of corporations largely dodging the taxman.

A surprising number of companies in the Standard & Poor's 500, 57, have found ways to pay effective tax rates of zero, according to a USA TODAY analysis of data from S&P Capital IQ.

The effective tax rate is a popular measure used by investors to compare how much companies pay in tax relative to profit...

YADA, YADA, YADA....BUSINESS AS USUAL, ON STEROIDS

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

62 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Friday, 1 November 2013 [View all] Tansy_Gold Oct 2013 OP

Dear GOP Demeter Oct 2013 #1

Yes, due to native Polish stubbornness, or perhaps administrative oversight Demeter Oct 2013 #2

Bubbles aren't even lasting a whole day anymore. Demeter Oct 2013 #3

In Fed and Out, Many Now Think Inflation Helps Demeter Oct 2013 #4

100% of the economic policy decisions from the 70s until now Warpy Nov 2013 #58

Thank you for proving my point with such a good summary Demeter Nov 2013 #59

U.S. House passes bill to delay fiduciary rules at SEC, Labor Dept Demeter Oct 2013 #5

Analysis: On healthcare, spying, questions on what Obama knew and when Demeter Oct 2013 #6

The President Wants You to Get Rich on Obamacare By ADAM DAVIDSON Demeter Oct 2013 #7

Nixon Proposed Today�s Affordable Care Act By Robert Reich Demeter Oct 2013 #8

DHS, NSA Threaten to Sue Man for Selling "Department of Homeland Stupidity" T-Shirts. Coffee Mugs Demeter Oct 2013 #9

>Presumably, however, the NSA has the requests on record.< LOL n/t jtuck004 Oct 2013 #10

China Has Soured On Brazil xchrom Nov 2013 #11

Having Beaten Off the Gringos, Brazil isn't likely to fall to Chinese Blandishments or Bribes Demeter Nov 2013 #14

! xchrom Nov 2013 #18

High Home Ownership Is Strongly Linked To High Unemployment [STUDY] xchrom Nov 2013 #12

On the other hand, it's hard to support democracy when you're constantly on the move Demeter Nov 2013 #15

indeed. it's jobs first -- and as another duer pointed out -- many households have 2 people xchrom Nov 2013 #17

Or is it because the way we typically choose to increase home ownership is through jtuck004 Nov 2013 #57

Making people constantly move for jobs churns the housing markets Demeter Nov 2013 #60

Sure, which is where we are today. And as a rental nation, the wealth goes jtuck004 Nov 2013 #61

Right Now, The Global Economy Is Looking Surprisingly Strong xchrom Nov 2013 #13

And as we know, Numbers Never Lie Demeter Nov 2013 #16

The numbers themselves are lies. Fuddnik Nov 2013 #21

Asian Markets Aren't Too Impressed xchrom Nov 2013 #19

How Alan Greenspan Destroyed America By Dean Baker Demeter Nov 2013 #20

Obamacare: The Biggest Insurance Scam in History By Kevin Zeese and Margaret Flowers Demeter Nov 2013 #22

And this is what SMWers have known for 3+ years n/t Tansy_Gold Nov 2013 #24

Good Morning, Tansy! Demeter Nov 2013 #25

Get a job hippie! Fuddnik Nov 2013 #35

Think I should post this in Good Reads? Demeter Nov 2013 #26

Ayup... Roland99 Nov 2013 #30

We should have Medicare for all DemReadingDU Nov 2013 #28

the old H.R. 676 Roland99 Nov 2013 #31

A lot of us miss Kucinich. Fuddnik Nov 2013 #36

I would pay just under $200/mo for my entire family under H.R. 676 Roland99 Nov 2013 #38

There are always taxdollars for war and bailing out banks DemReadingDU Nov 2013 #44

Since you afford me this wonderful opportunity Tansy_Gold Nov 2013 #32

I'm going thru the Medicare process now. DemReadingDU Nov 2013 #41

Exactly, exactly Tansy_Gold Nov 2013 #62

I'm surprised the Boss got it Demeter Nov 2013 #23

How to Make Money for Nothing Like Wall Street xchrom Nov 2013 #27

Oct. ISM manufacturing index edges up to 56.4% Roland99 Nov 2013 #29

Hey! Tansy_Gold Nov 2013 #33

Hey, Tansy! Roland99 Nov 2013 #34

Ted Cruz is serious---serious as a heart attack Demeter Nov 2013 #37

Hillary won't make it. At least I HOPE she doesn't Roland99 Nov 2013 #39

Yesterday our gas jumped from $3.09 to $3.39 DemReadingDU Nov 2013 #47

Yikes Roland99 Nov 2013 #49

Monopolies don't need an excuse Demeter Nov 2013 #54

Tech calls for more NSA checks CORPS. CAN THE NSA? Demeter Nov 2013 #40

CAN YOU HEAR ME NOW? Demeter Nov 2013 #42

I can't imagine the NSA tightening up security DemReadingDU Nov 2013 #51

IRS hamstrung on collecting health law penalties Demeter Nov 2013 #43

U.S. Accuses Germany of Causing Instability By SARAH WHEATON Demeter Nov 2013 #45

Germany Seethes at US Economic Criticism Demeter Nov 2013 #46

Merkel, SPD agree on transaction tax in coalition talks Demeter Nov 2013 #48

US abused spirit of SWIFT Agreement, parliamentarian says Demeter Nov 2013 #56

The new American capitalism: Rise of the distorporation Demeter Nov 2013 #50

Large companies find ways to a zero tax rate Demeter Nov 2013 #52

Trading in Nasdaq Options Market halted Roland99 Nov 2013 #53

Oh, Really! Demeter Nov 2013 #55