CORPORATE INCOME TAX Most Large Profitable U.S. Corporations Paid Tax but Effective Tax Rates Differed Significantly from the Statutory Rate by U. S. Government Accountability Office

CORPORATE INCOME TAX Most Large Profitable U.S. Corporations Paid Tax but Effective Tax Rates Differed Significantly from the Statutory Rate

U. S. Government Accountability Office

42 pages • missing pub info (editions)

nonfiction business economics medium-paced
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In each year from 2006 to 2012, at least two-thirds of all active corporations had no federal income tax liability. Larger corporations were more likely to owe tax. Among large corporations (generally those with at least $10 million in assets) les...

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