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Companies use popular provision to avoid income taxes

Companies use popular provision to avoid income taxes

Reuters - More than two dozen Fortune 500 companies paid no U.S. federal income taxes in recent years partly because of a corporate tax break that is broadly supported by Republicans and Democrats alike, a consumer group said on Monday.

Women walk out of an Internal Revenue Service office in New York April 18, 2011. REUTERS/Lucas Jackson

Read more at: Tax Times blog

 
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