Nike has made £4.1 billion in profits and has not paid any Federal income tax in the last three years
Nike has £4.1 billion profits over the last three years, but haven't paid any dime in federal income for its earnings, according to reports by the <a href="https://www.nytimes.com/2021/04/02/business/economy/zero-corporate-tax.html" target="_blank" rel="noopener">New York Times.</a>
https://twitter.com/DanPriceSeattle/status/1379855764488093707?s=20
The publication revealed that the swoosh brand was among the companies that were able to evade federal income tax legally for the last three years, even though the brand made £4.1 billion in that time frame combined according to data collected by the Institute on Taxation and economic policy.
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