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9/29/11

Multi-National Corporations: 25 CEOs Made More Than Their Companies Paid In Income Taxes -by Chris Morran

The Institute for Policy Studies has just released its 18th annual review of U.S. executive compensation and found that 25 out of the country's 100 highest-paid chief executives actually earned more in 2010 than their companies paid out in corporate income taxes.

In fact, only five of these 25 companies paid any corporate income taxes to the federal government. One business had a zero sum on income taxes paid, while the remaining 19 companies all received millions back from the government.

For more: 25 CEOs Who Made More Than Their Companies Paid In Income Taxes - The Consumerist

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