Current Events — HabitableZone

Current Events » in reply to "Two out of every three United States corporations paid no federal income taxes from 1998 through 2005"

re: "Either way, the nearly 1,000 largest United States corporations were more likely than smaller ones to pay taxes. "

Not suprising that large corporations are more likely to pay taxes than smaller ones...

If I had time I would disect the study, but I don't... Two questions though:

Did they include S-Corporations in their count of Non-tax paying corporations? (S-corporations don't pay taxes, they are treated as Partnerships under the tax law...But they are "Corporations".)

Did the include wholy owned subsidiary corporations in their count of Non-tax paying corporations? (Some subsidiaries, although incorporated, may only have offshore revenues. Should they be penalized for that?)

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