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Thursday, August 16, 2012

A-Z in tax avoidance

Study: Abbott, Boeing, Motorola among companies that pay more to CEO than in taxes - chicagotribune.com: "Four large Chicagoland companies are among 26 publicly traded firms that paid more to their CEOs in 2011 than they did in federal taxes, according to a study released Thursday by a left-leaning Washington, D.C., think tank.

Tax breaks on research and development, past losses and foreign-held earnings were among those lightening the load for many companies on the list, which included Abbott Laboratories, Boeing Co., Motorola Solutions and Motorola Mobility, according to the study by the Institute for Policy Studies. "

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