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Institute on Taxation & Economic Policy: Zero-Tax Corporations Are a Problem and So Are Corporations That Pay Less Than Half
July 30, 2021
WASHINGTON, July 30 (TNSRep) -- The Institute on Taxation and Economic Policy issued the following news release:

Corporate tax avoidance is a perennial problem that is annually depriving the U.S. Treasury of tens of billions in needed revenue, a new report from the Institute on Taxation and Economic Policy (ITEP) reveals.

The report, Corporate Tax Avoidance Under the Tax Cuts and Jobs Act (TCJA), finds that 39 corporations paid no federal taxes over the first three yea . . .

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