Large Florida Corporations Among “Tax Dodgers” in New Report | Print |  E-mail
December 2011

Eight large corporations headquartered in Florida paid less than 4 percent of their profits in state corporate income taxes over the last three years, according to a new study that shows that 265 Fortune 500 companies paid state taxes on only half of their profits.

These are among the findings in "Corporate Tax Dodging in the Fifty States, 2008-2010," released today by the Institute on Taxation and Economic Policy (ITEP) and Citizens for Tax Justice (CTJ) in conjunction with the Florida Center for Fiscal and Economic Policy.

Included are recommendations about how to minimize avoidance of Florida’s corporate income tax.

>Read the press release and the report.