Citigroup, Abbott Laboratories, and AT&T are among the 26
companies that paid more to their CEOs in 2011 than they did in U.S.
federal taxes, according to a study released on Thursday.
Tax breaks on research and development, past losses, and
foreign-held earnings were among those lightening the tax load for many
companies on the list, said the Institute for Policy Studies, a
left-leaning think tank in Washington, D.C.
Citi, Abbott and AT&T all took issue with the institute's
methodology. All three said they paid all taxes owed in 2011.
No comments:
Post a Comment