Pulte gets $800 million tax break for 2009
From the Sacramento Bee:
Lawmakers amended the tax code last fall to help struggling companies stay in business by giving them a greater opportunity to recoup previously paid taxes. The move has helped some of the biggest builders turn a profit for the first time in years.
... (however) Pulte, the nation's largest builder, lost money in its fourth quarter despite an $800 million tax benefit.
For more from the story, see: http://www.sacbee.com/2010/03/20/2620474/home-builders-rake-in-tax-refunds.html
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