Our report identifying 55 company nonpayers in 2020 also recognized 26 that paid nothing over three years, but this was a subset of the 55 companies that paid nothing in 2020. On this report we find that a total of 39 corporations had been profitable in each of those three years however paid no federal revenue taxes over that three-year period. Several firms seem in each experiences as a result of they prevented taxes in both 2020 and over the three-yr period, including, for instance, Archer Daniels Midland, Booz Allen Hamilton, DISH Network, Duke Energy, FedEx and Salesforce. The Tax Cuts and Jobs Act permits corporations to immediately write off the complete prices of investments, which is the most excessive model of accelerated depreciation. Tax breaks for inventory options and accelerated depreciation allow corporations to report smaller income to the IRS than they report to shareholders and potential traders in their 10-K. In some circumstances, firms could simply pay 21 percent of the profits they report to the IRS as federal income taxes. United States. However, it is feasible that a few of these earnings are reported quite differently to the IRS

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