Among the companies that were able to lower federal taxes due to 2017’s tax code overhaul, AECOM is construction’s standout. Not only did the company benefit from the lower corporate tax rate. It was able to mobilize a handful of other tax benefits, including ones for research and development, along with the tax cut so that it paid no corporate taxes at all.
That earned AECOM a very public place near the top of the Institute of Taxation and Economic Policy’s list of 60 companies on the Fortune 500 that avoided all federal income taxes in 2018.