Microsoft, Apple, Walmart ‘Hid $1.4T in Tax Havens’

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The top 50 U.S. companies—like Microsoft, Apple, and Walmart—have allegedly stashed $1.4 trillion in tax havens, notwithstanding the fact that they received trillions of dollars in backing from taxpayers, a report by global poverty charity Oxfam claims.

Between 2008 and 2014, those corporations paid $1 trillion in taxes. During the same eight-year period, the companies received the benefit of $11.2 trillion in federal bailouts, loan guarantees, and loans.

General Electric, which has received at least $28 billion in support from taxpayers, stashed $119 billion in more than 100 subsidiaries, according to the report. Apple topped the list, though, holding an alleged $181 billion offshore in at least three tax-haven subsidiaries. Read more at The Guardian.



  1. eli….welcome to not just “matzav”, but all of these websites need $ to operate and let’s be realistic. they don’t charge you anything to view their website, so their only other source of income is selling ad space. i know, i know, it can get annoying sometimes when the screen jumps up and down. but what can you do? that is the reality of it.

  2. Chazerim! Thats why people shouldn’t worry to much for big businesses. They know how to avoid taxes way better than the average joe shmoe


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