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Indians-led firms among top tax payers in US
Updated On: 28 April, 2009 09:09 AM IST | | IANS
Citigroup and Motorola, two American corporate giants led by India-born CEOs, rank among the biggest taxpayers in the US despite their heavy losses due to the economic downturn, according to BusinessWeek.
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Citigroup and Motorola, two American corporate giants led by India-born CEOs, rank among the biggest taxpayers in the US despite their heavy losses due to the economic downturn, according to BusinessWeek.
The US business magazine names Vikram Pandit-led banking behemoth Citigroup and Sanjay Jha-led mobile phone major Motorola among the firms paying highest rate of taxes, with the total tax paid by the two exceeding their annual income.
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