‘Silicon Six’ accused of avoiding almost $278bn in US corporation taxes over 10 years
15-04-2025 01:01 via theguardian.com

‘Silicon Six’ accused of avoiding almost $278bn in US corporation taxes over 10 years

Analysis finds Amazon, Meta, Alphabet, Netflix, Apple and Microsoft averaged 18.8%, compared with 29.7% US averageThe big American tech firms known as the “Silicon Six” have been accused of paying almost $278bn (£211bn) less corporate income tax in the past decade compared with the statutory rate for US companies making the same profits.Amazon, Meta, Alphabet, Netflix, Apple and Microsoft generated $11tn of revenue and $2.5tn of profits over the past 10 years. Continue reading.
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