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Stock impact report

No Federal Taxes for Dozens of Big, Profitable Companies [The New York Times]

Archer-Daniels-Midland Company (ADM) 
Last archer-daniels-midland company earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: adm.com/contact-us/investor-relations
Economy|No Federal Taxes for Dozens of Big, Profitable Companieshttps://www.nytimes.com//04/02/business/economy/zero-corporate-tax.htmlToday inBusinessmentContinue reading the main storySupported byFedEx and Nike are among those found to have avoided U.S. tax liability for three straight years.Twenty-six Fortune 500 companies, including FedEx, paid no federal income tax for the last three years, a study found.Credit...Hunter Kerhart for The New York TimesByPatricia CohenApril 2, ,6:00 a.m. ETJust as the Biden administration is pushing toraise taxessweeping tax billSalesforce, Archer-Daniels-Midland and Consolidated Edison were among those named in the report, which was done by theInstitute on Taxation and Economic PolicyTwenty-six of the companies listed, including FedEx, Duke Energy and Nike, were able to avoid paying any federal income tax for the last three years even though they reported a combined income of $77 billion. Many also received millions of dollars in tax rebates.Compan Show less Read more
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