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In 1996 the treasury department tried to simplify the U.S tax code, which by doing so made a big loophole in the system allowing companies to avoid federal taxes.

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Q: How can a company avoid federal taxes in the US?
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Who doesn't have to pay taxes in the US?

Non US citizens who do not work for a US company or live in the US. Huge multinational companies who can afford to hire accountants to avoid paying tax


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what do large US corporations pay in Federal income tax


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In order to avoid back taxes in the United States taxpayers are encouraged to pay off their taxes when owed, traditionally around April 15 of every year.


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