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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (642)1/24/2002 12:10:39 AM
From: Karen Lawrence  Read Replies (1) | Respond to of 3602
 
Enron paid no taxes and yet received $400 million in tax refunds. That's depressing.

The committee, investigating whether Enron complied with federal tax laws, also plans to review the use of corporate tax shelters with an eye toward possible legislative action.

A tax watchdog group said last week that Enron had used hundreds of subsidiaries in tax haven countries to avoid paying U.S. income taxes in four of five years through 2000, while receiving tax refunds close to $400 million in that period