RE: RE: News Corporation paid zero taxes
----------------- Bulletin Message -----------------
From: ♥ Angel ♥ ™ ~For Truth~
Date: Jun 25, 2007 4:00 PM
Thanks: § Lori §
News Corporation paid zero taxes:
News Corporation paid zero taxes
-"One firm focuses almost exclusively on parts of the tax code that affect the News Corporation. By taking advantage of a provision in the law that allows expanding companies like Mr. Murdoch’s to defer taxes to future years, the News Corporation paid no federal taxes in two of the last four years, and in the other two it paid only a fraction of what it otherwise would have owed. During that time, Securities and Exchange Commission records show, the News Corporation’s domestic pretax profits topped $9.4 billion."
From: ♥ Angel ♥ ™ ~For Truth~
Date: Jun 25, 2007 4:00 PM
Thanks: § Lori §
News Corporation paid zero taxes:
News Corporation paid zero taxes
-"One firm focuses almost exclusively on parts of the tax code that affect the News Corporation. By taking advantage of a provision in the law that allows expanding companies like Mr. Murdoch’s to defer taxes to future years, the News Corporation paid no federal taxes in two of the last four years, and in the other two it paid only a fraction of what it otherwise would have owed. During that time, Securities and Exchange Commission records show, the News Corporation’s domestic pretax profits topped $9.4 billion."
Labels: gandolfo, news corporation, Rupert Murdock, sec
posted by Gandolfo at 6/26/2007
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