Motion Picture Editors Guild: Large Companies Owe Hundreds of Billions in US Taxes, Report Says
media mention“In 2015, the Fortune 500 companies avoided paying taxes on $2.5 trillion in accumulated profits held offshore, according to the study by the Citizens for Tax Justice, US PIRG Education Fund, and the Institute on Taxation and Economic Policy. Thirty of these companies accounted for $1.65 trillion (66%) of these offshore profits.”