North Carolina Justice Center: Profiles in corporate tax avoidance- Duke Energy
ITEP Work in Action|
Duke Energy at a glance
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| Largest electric power holding company in the U.S.; serves vast majority of NC electric consumers | |
| Assets: | $114 billion |
| 2012 Profits: | $1.792 billion |
| Net 2012 tax rate: | -2.6% (rebate of $46 million) |
| 2008-12 profits combine: | $9.1 billion |
| Net 2008-12 tax rate: | -3.3% ($299 million in total rebates) |