WhirlPool Won’t Pay 35% Corporate Income Tax, it Will Pay 0% | UNCOVERAGE.net

WhirlPool Won’t Pay 35% Corporate Income Tax, it Will Pay 0% | UNCOVERAGE.net

Posted on Michigan Stands for Democracy | Richard T. Rapscallion Jr.

http://www.uncoverage.net/2011/03/whirlpool-wont-pay-35-corporate-income-tax-it-will-pay-0/
WhirlPool Won’t Pay 35% Corporate Income Tax, it Will Pay 0% | UNCOVERAGE.net
www.uncoverage.net
Whirlpool Corporation recorded $18 billion in global sales and $619 million of earnings in 2010 but won’t pay anywhere near the U.S. statutory tax rate of 35% on those profits. Its effective tax rate will be 0%.