55 Profitable Companies That Avoided All Federal Income Taxes in 2020 Sort alphabetical, by profit, tax, rate or industry Figures in millions of dollars
Company NameU.S. Pre-Tax IncomeCurrent Federal Income TaxEffective Tax RateIndustryAdvanced Micro Devices$1,208.00-0.0%Computers, office equip, software, dataAkamai Technologies$40.00$−2.00−4.4%Computers, office equip, software, dataAlbemarle$42.00$0.00−0.3%ChemicalsAmerican Electric Power$2,163.00$−138.00−6.4%Utilities, gas and electricArcher Daniels Midland$438.00$−164.00−37.4%Food & beverages & tobaccoBall$193.00$−33.00−17.1%Miscellaneous manufacturingBooz Allen Hamilton Holding$561.00$−3.00−0.5%Computers, office equip, software, dataCabot Oil & Gas$240.00$−32.00−13.2%Oil, gas & pipelinesCharter Communications$3,680.00$−7.00−0.2%TelecommunicationsCMS Energy$885.00$−35.00−4.0%Utilities, gas and electricCommunity Health Systems$323.00$−1.00−0.3%Health careConsolidated Edison$1,227.00$−2.00−0.2%Utilities, gas and electricDanaher$1,583.00$−321.00−20.3%Miscellaneous manufacturingDexcom$265.00$0.000.0%Pharmaceuticals & medical productsDish Network$2,532.00$−231.00−9.1%TelecommunicationsDTE Energy$1,531.00$−247.00−16.1%Utilities, gas and electricDuke Energy$826.00$−281.00−34.0%Utilities, gas and electricEcolab$95.00$−50.00−52.6%ChemicalsEvergy$722.00$−27.00−3.7%Utilities, gas and electricFedEx$1,218.00$−230.00−18.9%Miscellaneous servicesFirstEnergy$1,108.00$−14.00−1.3%Utilities, gas and electricFiserv$1,100.00$−25.00−2.3%Financial data servicesHologic$887.00$−62.00−7.0%Health careHowmet Aerospace$86.00$−2.00−2.3%Miscellaneous manufacturingHP$861.00$−24.00−2.8%Computers, office equip, software, dataInterpublic Group$284.00$−53.00−18.5%Miscellaneous servicesJacobs Engineering Group$213.00$−37.00−17.4%Engineering & constructionKansas City Southern$327.00$−2.00−0.6%TransportationKinder Morgan$654.00$−20.00−3.1%Oil, gas & pipelinesLincoln National$423.00$−61.00−14.4%FinancialMichaels$322.00$−11.00−3.5%Retail & wholesale tradeMohawk Industries$87.00$−34.00−38.9%Miscellaneous manufacturingNike$2,873.00$−109.00−3.8%Miscellaneous manufacturingNucor$1,220.00$−177.00−14.5%Metals & metal productsOwens & Minor$74.00$−4.00−6.0%Retail & wholesale tradePenske Automotive Group$505.00$−78.00−15.5%Motor vehicles and partsPPL$878.00$−9.00−1.0%Utilities, gas and electricQurate Retail Group$687.00$−8.00−1.2%Internet services & retailingSalesforce.com$2,630.00$−12.00−0.5%Computers, office equip, software, dataSanmina-SCI$95.00$−1.00−1.0%Computers, office equip, software, dataSeaboard$136.00$−50.00−36.8%Food & beverages & tobaccoSealed Air$323.00$−14.00−4.4%Miscellaneous manufacturingTelephone & Data Systems$284.00$−175.00−61.6%TelecommunicationsTextron$278.00$−1.00−0.4%Aerospace & defenseTreehouse Foods$8.00$−96.00−1,167.1%Food, beverages, tobaccoTutor Perini$96.00$−36.00−37.7%Engineering & constructionTyler Technologies$176.00$−11.00−6.0%Computers, office equip, software, dataUGI$420.00$−85.00−20.2%Utilities, gas and electricUnum Group$923.00$−98.00−10.7%FinancialVerisign$447.00$−124.00−27.7%Computers, office equip, software, dataVoya Financial$195.00$−9.00−4.6%FinancialWestlake Chemical$227.00$−208.00−91.6%ChemicalsWilliams$278.00$−29.00−10.4%Oil, gas & pipelinesXcel Energy$1,465.00$−13.00−0.9%Utilities, gas and electricXilinx$140.00$−2.00−1.5%Computers, office equip, software, dataTotal, All 55 Companies$40,482.00$−3,497.00−8.6% in 2018 my w2 f0r state said inc0me return .00 s0 i did n0t file they nw w0nt me t0 pay 300. butt yet the rich pay 0 and i paid butt did n0t file f0r n0thing that was n0t there t0 file f0r. https://itep.org/55-profitable-corporations-zero-corporate-tax/ then The vast majority of public and private universities and colleges are tax-exempt entities as defined by IRC Section 501(c)(3) because of their educational purposes—purposes that the federal government has long recognized as fundamental to fostering the productive and civic capacity of its citizens—and/or the fact that
https://www.aau.edu/key-issues/tax-exempt-status-universities-and-colleges same with all the church all this hear have stock market shares and all. butt yet not like the 0nes that work we have to pay tax. n0t them they all must be Caesar why w0uld he tax him shelf!! Luke 20:25
“And he said unto them, Render therefore unto Caesar the things which be Caesar's, and unto God the things which be God's.”