How do Fortune 500 Companies Avoid Federal Income Taxes Another day, a new tax code, and big companies still pay no taxes. According to a 2018 report from the Institute on Taxation and Economic Policy, sixty Fortune 500 companies paid $0 in “federal income taxes on $79 billion in domestic pre-tax … [Read more...] about How do Fortune 500 Companies Avoid Federal Income Taxes
How Amazon Paid $0 in Federal Taxes
How Amazon Paid $0 in Federal Taxes Jeff Bezos, the founder of Amazon, might be the richest man in America. Coincidentally, Amazon reported revenue of $232 BILLION, earnings before income taxes of $11.2 billion, and a tax rebate of $129 million in 2018.[1] According to an analysis from the … [Read more...] about How Amazon Paid $0 in Federal Taxes