Monday, April 26, 2021

Globalism pays

Wall Street's ESG club sees huge tax perks - InvestmentNews


Bank of America Corp. sparked a stir in January — and a little envy — with just a few lines of disclosure in its fourth-quarter earnings report. The lender revealed it had slashed its 2020 corporate tax rate to 5.8% from what would have been 21%, thanks to finance work involving environmental, social and governance projects.

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