Silicon Valley Scrooges sidestep debt to society through tax avoidance to the tune of $100bn
https://www.theregister.co.uk/2019/12/04/silicon_valley_tax_sidestep/
Fair Tax Mark, a UK-based civic advocacy group, has accused Apple, Amazon, Facebook, Google, Microsoft, and Netflix of depriving public coffers of more than $100bn in taxes since 2010 through aggressive tax avoidance schemes.
On Monday, the non-profit group said it plans to release a report this week titled, "The Silicon Six and their $100 billion global tax gap," which shows that the six tech companies have underpaid their tax obligations from 2010 through 2018 based on statutory tax rates.
Silicon Valley Scrooges sidestep debt to society through tax avoidance to the tune of $100bn
Dec 4, 2019, 9:19am UTC
https://www.theregister.co.uk/2019/12/04/silicon_valley_tax_sidestep/
> Fair Tax Mark, a UK-based civic advocacy group, has accused Apple, Amazon, Facebook, Google, Microsoft, and Netflix of depriving public coffers of more than $100bn in taxes since 2010 through aggressive tax avoidance schemes.
> On Monday, the non-profit group said it plans to release a report this week titled, "The Silicon Six and their $100 billion global tax gap," which shows that the six tech companies have underpaid their tax obligations from 2010 through 2018 based on statutory tax rates.