Ashley Maloch

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GAO: Big Companies Paid A 12.6% Effective Federal Income Tax Rate

Despite all their griping about the U.S.’s highest-in-the-developed-world 35% federal corporate income tax rate, big profitable U.S. companies paid just 12.6% of their reported worldwide profits in federal income taxes in 2010, a study released today by Congress’ Government Accountability Office …

The Average Big American Company Hasn't Paid The Statutory Tax Rate In Decades

The OECD estimates that U.S. corporations pay face an average statutory tax rate of 39%, the second highest rate in the developed world. This is based on a combination of the federal statutory rate and a weighted-average of state-level tax rates.<p>But thanks to various tax breaks and loopholes, …

The Most Secretive Companies: 24/7 Wall St.

From 24/7 Wall St.: While many investors may think corporate communication is unclear, some companies are far more candid than others. In fact, According to corporate communications consulting firm Rittenhouse Rankings, clear and transparent language in investor letters is indicative of reliable …

Google tax avoidance is 'wrong', insists Ed Miliband

Labour Leader Ed Miliband has said Google is "wrong" to avoid paying taxes on UK revenues, citing its founders' 2004 promise to forgo short-term gains in order to do good things.<p>At an event hosted by the search giant near London, Miliband also pledged that a future Labour government would change …

Apple’s tax bill is a window into the global post-industrial economy, and all its problems

The testimony by Tim Cook, CEO of Apple, on his company’s tax-avoiding habits has elicited mixed reactions. Some thought the company was being nailed to the cross; others thought the hearing added up to an Apple love-fest. But on the whole, the hearing wasn’t really about Apple’s tax shenanigans, …

Intellectual Property