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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How FedEx Cut Its Tax Bill to $0WASHINGTON -- In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing. What changed was the Trump administration&39;s tax cut -- for which the company had lobbied hard.The public face of its lobbying effort, which included a tax proposal of its own, was FedEx
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FedEx CEO challenges the New York Times to a debate after critical storyFedEx CEO Fred Smith has challenged the New York Times to a public debate after the newspaper published a critical story about his company's taxes
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FedEx CEO to New York Times after tax-bill exposé: Debate me, bro!FedEx Corp. Chief Executive Fred Smith had a curious response to a New York Times report that detailed how the delivery giant cut its tax bill to zero:...
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FedEx Closes Pension Plan to New HiresFedEx is closing its pension plan to new U.S. hires starting next year, joining the ranks of large U.S. companies phasing out guaranteed retirement benefits.
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Here's how FedEx will fly giant panda Bei Bei to China via its 'Panda Express'A FedEx plane will soon take a 15-plus hour flight from the U.S. to China. Its cargo: one giant panda, supplies and plenty of snacks.
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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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