Exposing Exactly How Fortune 500 Companies Abuse Tax Law
发布时间 2020-09-19 03:00:01 来源
摘要
It's no secret that many of the largest companies in the world pay little to no corporate tax every year. But how do they accomplish it legally? Well, for starters, companies invest as much as they can back into the business and award their executives with large stock compensations to lower their annual operating profits. But, there are much more sneaky methods as well such as stretching out bailout losses for years and registering trademarks/patents in tax-free nations. All of these tax loopholes cost the United States hundreds of billions every single year. This video explains some of the most popular methods fortune 500 companies use to evade taxes on a yearly basis and which companies are involved in each scheme.
Timestamps:
0:00 - The $0 Tax Bill
0:39 - Erasing Profits
3:30 - Corporate Malfeasance
4:26 - Deducting Bailouts
6:46 - Offshore Tax Havens
7:39 - Offshoring Intellectual Property
10:04 - Total Losses
Thumbnail Credit:
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Resources:
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