Complex: Nike Hasn’t Paid Any Federal Income Tax for the Last Three Years

Nike has made $4.1 billion in profits over the last three years but didn’t pay a dime in federal income tax for its earnings, according to new reports by the New York Times.

The publication’s latest findings revealed that the sportswear giant was among the companies that were able to evade federal income tax payments legally for the last three years, even though the brand made $4.1 billion in that time frame combined according to new data compiled by the Institute on Taxation and Economic Policy.

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