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Taxation & Estate Planning

: TaxProf Blog

WSJ: Whirlpool Parlays Green Credits Into Zero Tax Liability

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Wall Street Journal editorial, Tax Reform Exhibit A: How Whirlpool Parlays Green Credits Into Zero Tax Liability: Whirlpool Corporation recorded $18 billion in global sales and $619 million of earnings in 2010 but won't pay anywhere near the U.S. statutory tax rate of 35% on those profits. Its effective tax...

Full post as published by TaxProf Blog on March 04, 2011 (boomark / email).

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