For the first time ever, U.S. corporate annual reports now include more granular disclosures of cash tax payments and other tax metrics. We can clearly see the fruit of Congress repeatedly showering tax giveaways on large corporations: major American companies often pay more tax in other countries than they do at home. How American is the world’s largest aerospace company, Boeing, when it pays more than twice as much tax in Germany as in the U.S., or General Motors, which pays more income taxes to both Canada and Mexico than to the U.S. government?
February 4, 2026
FACT Coalition: New Transparency Requirements Reveal Low U.S. Taxes, Continued Use of Tax Havens by Major American Corporations
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