While the federal tax code calls for a 35 percent tax rate on corporations, many companies find ways to reduce their tax burden. In a study of corporate taxes of 280 companies, 30 of those paid less than zero in taxes in a three-year period from 2008 through 2010. Read related article.

Source: “Corporate Taxpayers & Corporate Tax Dodgers 2008-10,” a joint project of Citizens for Tax Justice and the Institute on Taxation and Economic Policy | The Washington Post November 2, 2011
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