The Institute on Taxation and Economic Policy published the report earlier this month, saying FedEx had an effective tax rate of minus -12.8% from 2018 to 2020. The report cited a provision in the CARES Act bill passed in the COVID-19 pandemic’s early stages, along with the 2017 Tax Cuts and Jobs Act passed under Trump’s administration, as helping FedEx achieve this result. Read more
April 13, 2021
The Commercial Appeal: FedEx CEO: Don’t raise corporate taxes to pay for Biden’s infrastructure plan
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