Your friend recently read a newspaper article that said the largest of the Fortune 500 companies do
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Your friend recently read a newspaper article that said the largest of the Fortune 500 companies do not pay the federal income tax expense reported on their financial statements.The tax they pay is frequently a lower number.Your friend asks you to explain how this is possible. Do you believe this is good public policy?
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Related Book For 
Taxation For Decision Makers 2008
ISBN: 9780324654110
2nd Edition
Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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