PLANET OF THE CHIMPS #2

Tuesday, May 10, 2011

Whirlpool Paid No Taxes Over The Past Three Years, Got A $64 Million Tax Refund In 2010

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Whirlpool had negative effective income tax rates in 2010, 2009 and 2008. Last year, the company reported an income tax benefit of $64 million and an effective tax rate of negative 10.9 percent, according to company filings. The company expects a similar tax benefit in 2011, corporate controller Larry Venturelli told analysts today.






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Chimp at 10:40 AM
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