<p>ITEP Identifies Corporations That Avoided 2018 Income Taxes</p>

ITEP Identifies Corporations That Avoided 2018 Income Taxes

Institute on Taxation and Economic Policy

In 2018 60 large U.S. corporations avoided paying federal income taxes on $79 billion in pretax income and instead received a net corporate tax rebate of $4.3 billion, the Institute on Taxation and Economic Policy said in an April report.

<p>In 2018 60 large U.S. corporations avoided paying federal income taxes on $79 billion in pretax income and instead received a net corporate tax rebate of $4.3 billion, the Institute on Taxation and Economic Policy said in an April report.</p>