Mar 27 2017
One Hundred Fortune 500 Corporations Paid No Federal Taxes In At Least One Year From 2008-2015
From 2008 to 2015, 258 Fortune 500 corporations that consistently netted profits paid an average effective tax rate of just 21.2 percent. One hundred of these corporations paid no federal taxes or even claimed a rebate in at least one year from 2008-2015; of corporations that had substantial overseas profits, most paid higher tax rates to foreign governments than to the United States.