Salesforce paid no federal income tax in 2020 despite $2.6 billion in profit
Salesforce paid no federal income tax in 2020 despite $2.6 billion in profit FacebookTwitterEmail Salesforce CEO Marc Benioff supported Proposition C, a 2018 San Francisco measure which raised the company’s city taxes. Salesforce said in 2019 that it took no position on federal tax cuts.Jessica Christian / The Chronicle 2018 Salesforce, San Francisco’s largest private employer, was among 55 major U.S. companies that paid no federal income taxes in 2020, according to a new report. The cloud computing giant had $2.6 billion in net income in its 2021 fiscal year ending on Jan. 31, according ...