It's a bit strange that this statement says "FedEx has paid federal income tax every year, including fiscal year 2018.", while the fact sheet they link to withi

It's a bit strange that this statement says "FedEx has paid federal income tax every year, including fiscal year 2018.", while the fact sheet they link to within the statement ( https://about.van.fedex.com/wp-content/uploads/2019/08/FedEx_Tax_Facts_v8.21.19.pdf https://about.van.fedex.com/wp-content/uploads/2019/08/FedEx... ) specifically calls out that their effective income tax rate was negative in 2018 due to TCJA, the year and legislation in dispute: > The FedEx effective income tax rates for the last five fiscal years (June - May) were 17.6% in 2019, (5.0%) in 2018 (this rate is an anomaly due to the impact of the Tax Cuts and Jobs Act) Maybe this is due to state income taxes?