Axios: 91 Fortune 500 Companies Paid No Federal Income Tax in 2018
media mention91 Fortune 500 companies paid no federal income taxes on their U.S. income last year, according to a report released Monday by the Institute on Taxation and Economic Policy.
Why it matters: Some of the companies that paid no federal income tax last year still made billions of dollars — and they include some of the country’s biggest names, like Amazon, Chevron, Halliburton and IBM.