Special Report

The Worst Tax Offenders in US History

Source: JillianCain / iStock Editorial via Getty Images

20. Duke Energy
> US pre-tax income: $826 million
> Current federal income tax (including tax rebates): -$281 million — #2 lowest
> Effective tax rate: -34.0% — #9 lowest
> Industry: Utilities, gas and electric

Source: BalkansCat / iStock Editorial via Getty Images

19. HP
> US pre-tax income: $861 million
> Current federal income tax (including tax rebates): -$24 million — #31 lowest
> Effective tax rate: -2.8% — #37 lowest
> Industry: Computers, office equipment, software, data

Source: Public Domain / Wikimedia Commons

18. PPL
> US pre-tax income: $878 million
> Current federal income tax (including tax rebates): -$9 million — #39 lowest
> Effective tax rate: -1.0% — #43 lowest
> Industry: Utilities, gas and electric

17. CMS Energy
> US pre-tax income: $885 million
> Current federal income tax (including tax rebates): -$35 million — #24 lowest
> Effective tax rate: -4.0% — #31 lowest
> Industry: Utilities, gas and electric

16. Hologic
> US pre-tax income: $887 million
> Current federal income tax (including tax rebates): -$62 million — #17 lowest
> Effective tax rate: -7.0% — #25 lowest
> Industry: Health care

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