{Louisville, Kentucky}...According to "Corporate Tax Dodging in the Fifty States, 2008-2010" report released Wednesday, Louisville-based Yum! Brands, parent of such companies as Kentucky Fried Chicken and Taco Bell, paid no net corporate income taxes to states over the past three years, even as it generated more than a billion dollars in profits for shareholders. Yum! Brands is one of 68 companies nationwide that paid no state corporate income tax in at least one of the past three years. Twenty of those companies averaged a tax rate of zero or less during the 2008-2010 period, including Yum! Brands.
