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.

GE

BofA

Tax Evaders

BP

Want more examples? Find them over at TaxEvaders.net.


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.

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