How Do Big Companies Avoid Taxes?

Описание: Have you ever wondered how do big companies avoid taxes? Between the years of 2008-2015, nearly 40% of profitable Fortune 500 companies went at least on year where they paid no capital income taxes. 18 of those companies went every single one of those years without paying a dime in income taxes. General Electric, for example, profited over $40 billion dollars in those years, but didn’t pay anything in taxes for it! The capital income tax rate in America is a considerably high 35%, so how are some companies paying nothing, or at least paying much less than 35%? That's exactly what this video aims to answer.

Some of the ways discussed in this video involve offshore tax sheltering, employee stock options, tax incentives, and accelerated depreciation as methods of tax avoidance.

Sources
1. https://www.investopedia.com/news/how...
2. https://itep.org/60-fortune-500-compa...