Share on Google Plus Share on Twitter 3 Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 3 (7 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   1 comment

Murdoch's News Corp. Received Billions in U.S. Tax Refunds

Quicklink submitted By   Follow Me on Twitter     Message Sheila Samples     Permalink
Related Topic(s): ; ; , Add Tags

View Ratings | Rate It Headlined to H4 7/13/11

Become a Fan
  (45 fans)
After digging through News Corp.'s financial disclosures, Reuters' David Cay Johnston reports that based on the company's $10.4 billion profits during that time period, the company would have been expected to pay $3.6 billion at the 35 percent corporate tax rate. But instead the company managed to collect $4.8 billion in income tax refunds, "all or nearly all from the U.S. government."

Read the rest of the story HERE:


- Advertisement -
- Advertisement -