How much tax does Big Tech avoid paying?
the Fair Tax Foundation has looked at average tax rates paid by US corporations & the effective tax rates paid the 'Silicon Six' & has concluded they've paid around $278bn less than they should have over the last decade.
So if you wondered how the big tech moguls become so rich, the answer in part is we've been subsidising them....
[I would be very surprised if the European tax situation varies much from the US]
#tax #BigTech
https://www.theguardian.com/us-news/2025/apr/15/silicon-six-accused-of-avoiding-almost-278bn-in-us-corporation-taxes-over-10-years