AIG profits grew amid tax benefits

Note: This section contains information in English only.
Source: BBC
AIG announced essential increase in profit for Q4 amid 17.7 billion US Dollars tax benefit. The net income for the period approached 19.8 billion US Dollars as compared to 11.2 billion US Dollars for the same quarter in the preceding year. The company is allowed not to pay taxes on large among of future profits due to benefits provided after loses during financial crisis.


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Fri, 24 Feb 2012 12:34:25 GMT

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