Special Report

These Are The Companies That Avoid Paying Taxes

Source: Worldsteel / Getty Images

10. Nucor
> U.S. pre-tax income: $1.2 billion
> Federal income tax (including rebates): -$177 million
> Effective tax rate: -14.5%
> Industry: Metals and metal products

Source: Ingus Kruklitis / iStock via Getty Images

9. Consolidated Edison
> U.S. pre-tax income: $1.2 billion
> Federal income tax (including rebates): -$2 million
> Effective tax rate: -0.2%
> Industry: Utilities, gas and electric

8. Xcel Energy
> U.S. pre-tax income: $1.5 billion
> Federal income tax (including rebates): -$13 million
> Effective tax rate: -0.9%
> Industry: Utilities, gas and electric

Source: Courtesy of DTE Energy Co.

7. DTE Energy
> U.S. pre-tax income: $1.5 billion
> Federal income tax (including rebates): -$247 million
> Effective tax rate: -16.1%
> Industry: Utilities, gas and electric

Source: Courtesy of Danaher Corporation

6. Danaher
> U.S. pre-tax income: $1.6 billion
> Federal income tax (including rebates): -$321 million
> Effective tax rate: -20.3%
> Industry: Miscellaneous manufacturing

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