FedEx originally defended its $0 tax bill with in part because of a 'voluntary contribution of $1.5 billion' to its pension fund.
New FedEx hires won't get a pension plan, the package giant's 425,000 employees learned on Monday. That realization comes a day after The New York Times published a scalding report on the zero dollars FedEx paid in taxes in 2018, to which the CEO and founder Fred Smith responded by proposing"a public debate" with the Times publisher and its business editor. Meanwhile, FedEx originally defended its $0 tax bill, in part because of its"voluntary contribution of $1.
New FedEx hires won't get a pension plan, the package giant's 425,000 employees learned on Monday. That realization comes a day after The New York Times published a scalding report on the zero dollars FedEx paid in taxes in 2018, to which the CEO and founder Fred Smith responded by proposing"a public debate" with the Times publisher and its business editor. Meanwhile, FedEx originally defended its $0 tax bill, in part because of its"voluntary contribution of $1.
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FedEx CEO challenges NYT publisher to public debate after tax storyThe package delivery firm&39;s financial filings showed it owed no taxes in the 2018 fiscal year overall due to President Donald Trump&39;s tax overhaul, according to the NYT story published on Sunday. Smith late on Sunday called the story https://www.nytimes.com/2019/11/17/business/how-fedex-cut-its-tax-bill-to
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