March 31, 2017

The Seattle Times: Boeing Paid Federal Taxes

media mention

Matthew Gardner, a senior fellow at the nonprofit Institute on Taxation and Economic Policy, which lobbies for tax fairness, said Boeing “continues finding new bases for postponing taxes.”

“Boeing’s prodigious capacity to keep generating deferred tax liabilities means that in any given year, its effective tax rate is very, very low.”

The tax data from Boeing’s SEC financial filings, compiled by Gardner, shows that for the dozen years before 2014, Boeing’s average tax rate was a negative 3.8 percent. But the past three years have turned that around. Read more



Share