Which company has so successfully used the tax system to avoid paying taxes that it paid no corporate income tax in 2010 on reported profits of $14 billion?

Question

Quizplus · Accepted Answer

General Electric (GE) has been known for using various legal ways to minimize their tax bill, such as shifting profits to foreign subsidiaries and utilizing tax credits. In 2010, they were able to report profits of $14 billion but paid no corporate income tax due to these tax strategies.

Which Company Has So Successfully Used the Tax System to Avoid