A new report about Amazon, Apple, Facebook, Google, Microsoft, and Netflix—nicknamed the "Silicon Six" by the non-profit Fair Tax Mark—claims a major gap in the taxes they might be expected to owe and how much they actually pay.
According to the report, between 2010 and 2019, using legal tax avoidance strategies that have become popular among corporations, the taxes paid collectively by the companies across all global territories in which they operate was $155.3 billion less than what the actual tax rates would have required. When considering not just the cash paid but money put aside for future taxes, the gap was still $100.2 billion.
[Big Tech Companies Used Legal Loopholes to Avoid Over $100 Billion in Taxes:](https://fortune.com/2019/12/06/big-tech-taxes-google-facebook-amazon-apple-netflix-microsoft/)
A new report about **Amazon, Apple, Facebook, Google, Microsoft, and Netflix**—nicknamed the "Silicon Six" by the non-profit Fair Tax Mark—claims a major gap in the taxes they might be expected to owe and how much they actually pay.
According to the report, between 2010 and 2019, using legal tax avoidance strategies that have become popular among corporations, the taxes paid collectively by the companies across all global territories in which they operate was **$155.3 billion less** than what the actual tax rates would have required. When considering not just the cash paid but money put aside for future taxes, the gap was still $100.2 billion.
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