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GA's "fair share"



 
 
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Old November 7th 05, 01:48 AM
Mike Rapoport
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Default GA's

For a guy with the handle taxsrv, I am surprised that you don't know the
difference between GAAP and tax accounting and that you can't reconcile the
cash flow statement with the earnings statement. Southwest does not pay
income taxes.

Mike
MU-2


"TaxSrv" wrote in message
. ..
"Mike Rapoport" wrote:
Airlines that make money pay income tax.

Mike Schumann


No they don't


Southwest's SEC Form 10-K says they have been paying an income tax.

Fred F.



 




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