This statistic shows a list of big businesses in the United States that paid taxes well below the federal standard of 35 percent as of 2012. News Corp actually received more than 4 billion U.S. dollars in tax refunds and therefore had a taxation rate of -46.0 percent. Carnival Corporation only paid a tax rate of 1.12 percent on their total income.
Large Corporations that pay minimum or no tax in the United States as of 2012
*FedEx and Verizon paid no tax at all. **Boeing received 178 million U.S. dollars in tax benefits. The source does not offer a precise taxation rate. ***ExxonMobil also received estimated tax benefits of 46 million U.S. dollars. ****DuPont also received estimated tax benefits of 109 million U.S. dollars.
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Economy Watch. (August 15, 2012). Large Corporations that pay minimum or no tax in the United States as of 2012 [Graph]. In Statista. Retrieved October 11, 2024, from https://www.statista.com/statistics/239145/us-corporations-paying-minimum-tax/
Economy Watch. "Large Corporations that pay minimum or no tax in the United States as of 2012." Chart. August 15, 2012. Statista. Accessed October 11, 2024. https://www.statista.com/statistics/239145/us-corporations-paying-minimum-tax/
Economy Watch. (2012). Large Corporations that pay minimum or no tax in the United States as of 2012. Statista. Statista Inc.. Accessed: October 11, 2024. https://www.statista.com/statistics/239145/us-corporations-paying-minimum-tax/
Economy Watch. "Large Corporations That Pay Minimum or No Tax in The United States as of 2012." Statista, Statista Inc., 15 Aug 2012, https://www.statista.com/statistics/239145/us-corporations-paying-minimum-tax/
Economy Watch, Large Corporations that pay minimum or no tax in the United States as of 2012 Statista, https://www.statista.com/statistics/239145/us-corporations-paying-minimum-tax/ (last visited October 11, 2024)
Large Corporations that pay minimum or no tax in the United States as of 2012 [Graph], Economy Watch, August 15, 2012. [Online]. Available: https://www.statista.com/statistics/239145/us-corporations-paying-minimum-tax/