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Archive Home > 2008 > June > 24 > One-time tax break created a corporate windfall

One-time tax break created a corporate windfall

By Lynnley Browning / The Bulletin
June 24, 2008

More than 840 of the largest American corporations reaped a $265 billion windfall thanks to a one-time tax break aimed at bringing home profits stashed overseas, according to recent government data.

The windfall resulted from a temporary tax deduction for big corporations, which were keeping....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.