MJIMPYA
JF-Expert Member
- Mar 27, 2011
- 506
- 272
Last year there are some COs in US which paid more their CEO than what they paid to Gov (taxes)
Ebay paid its CEO $14.2mil but paid nothing to the Gov.
GE paid its CEO $15.2mil, paid nothing to the Gov but received a refund of $3.3bil from the US taxman. They manage to avoid using loopholes in US tax system and use of tax havens option. They also spend money lobbying senators and sponsoring political campaign.
Source; CNN
This shows how the world is full of greedy, in a way it seems to be the case happening in TZ with big companies.
Ebay paid its CEO $14.2mil but paid nothing to the Gov.
GE paid its CEO $15.2mil, paid nothing to the Gov but received a refund of $3.3bil from the US taxman. They manage to avoid using loopholes in US tax system and use of tax havens option. They also spend money lobbying senators and sponsoring political campaign.
Source; CNN
This shows how the world is full of greedy, in a way it seems to be the case happening in TZ with big companies.