A collection of social media graphics and content to advance specific and generalized messaging about corporate tax avoidance and reporting from the Institute on Taxation and Economic Policy.
NEW: Last year, Zoom saw its profits increase by more than 4,000%. The company’s federal income taxes? $0.
— ITEP (@iteptweets) March 19, 2021
How? The platform appears to be using the same recipe as well-known corporate tax avoiders Amazon and Netflix. @gardmaf explains. https://t.co/qejVhYYO3k
True: Amazon’s effective corporate tax rate over the three-year period 2017-2019 was 0%.
— ITEP (@iteptweets) November 20, 2020
In 2019, the company paid $162M or 1.2%, a far cry from 21% statutory rate. Its release at the time focused mostly on taxes it did *not* pay and taxes it collected on behalf of *others.* https://t.co/oVLkp9CeID
