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Non-Tech : The ENRON Scandal
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To: Mephisto who started this subject2/13/2003 10:33:42 AM
From: TigerPaw  Read Replies (1) of 5185
 
Enron Corp., aided by its outside legal and accounting advisers, overwhelmed the Internal Revenue Service with complex returns that eliminated nearly all federal tax payments in the last years before its collapse
washingtonpost.com

Enron's minuscule tax payments could have tipped off investors that the company's operating business results were much lower than what it reported in its financial statements, Seida said. But ordinary investors could not solve that puzzle based on the meager information Enron reported about its tax payments.
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