Currently, with no minimum tax rate, some highly profitable corporations in the state have paid only a $250 fee in taxes each year.
There are also hundreds of solid, profitable corporations that treat their employees like cattle in feed lots.
You cannot use the rules to create the illusion of a profitable corporation when you're really something else.
Sending $25 billion in checks to profitable corporations may not pass the Senate.
Struggling companies would be unaffected, but large, profitable corporations couldn't raise their stock prices by cutting jobs.
Conceivably we could become the most profitable corporation in history.
This is the list of top 10 most profitable corporations in the world as published on 9 July 2012.
Companies with ties to South Africa include some of the most profitable corporations.
But as any tax expert will tell you, the corporate tax law is full of loopholes; many profitable corporations pay little or no taxes.
Grainger is a profitable corporation and has increased dividends to its shareholders for 36 consecutive years.