Major Corporations Evade Taxes To The Tune of $100 Billion

By Justin Gardner | Related entries in Money, Taxes

Every year we hear these numbers and they become increasingly hard to believe. How can all of these corporations get away with squirreling away so much money offshore and paying so little in taxes.

Take a look at GE, Bank of America, Wells Fargo…and everybody’s favorite…BP.



Tax Evaders


Want more examples? Find them over at

This entry was posted on Monday, April 15th, 2013 and is filed under Money, Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Major Corporations Evade Taxes To The Tune of $100 Billion”

  1. Angela Says:

    Just a suggestion, but you may want to check BP’s financial statements, and others financial statements for tax year 2012 in their annual reports. BP is showing to have paid close to 25 billion in taxes. I don’t know where you’re getting your numbers but I don’t think their accurate. The federal government generally doesnt give refunds for the whole amount of taxes paid, but refunds are a percentage of taxes paid which represent an overpayment.

Leave a Reply


You must ALWAYS fill in the two word CAPTCHA below to submit a comment. And if this is your first time commenting on Donklephant, it will be held in a moderation queue for approval. Please don't resubmit the same comment a couple times. We'll get around to moderating it soon enough.

Also, sometimes even if you've commented before, it may still get placed in a moderation queue and/or sent to the spam folder. If it's just in moderation queue, it'll be published, but it may be deleted if it lands in the spam folder. My apologies if this happens but there are some keywords that push it into the spam folder.

One last note, we will not tolerate comments that disparage people based on age, sex, handicap, race, color, sexual orientation, national origin or ancestry. We reserve the right to delete these comments and ban the people who make them from ever commenting here again.

Thanks for understanding and have a pleasurable commenting experience.

Related Posts: