Nike, HP and Other Large Corporations Got Away With Not Paying Any Federal Taxes on Their 2020 Profits
Nike, HP and Other Large Corporations Got Away With Not Paying Any Federal Taxes on Their 2020 Profits At least 55 of America's largest companies avoided federal taxation last year by using certain tax breaks, some of which had been revived during the pandemic. Email April 5, 2021 2 min read As many as 55 of the U.S.' largest corporations did not pay any federal taxes on their 2020 profits, according to the Institute on Tax and Economic Policy (ITEP). The companies, which include Con Edison, Dish Network, FedEx, HP, Nike and Salesforce, reportedly ma...