U.S. companies found ways to avoid taxes before tax cut bill: report

WASHINGTON (Reuters) – Fifteen U.S. corporations including online retailer Amazon.com Inc , power company Duke Energy Corp and insurer Prudential Financial Inc avoided U.S. tax on nearly $25 billion in combined profits last year, a tax watchdog group said on Tuesday.

Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>