Activision Blizzard
2018 US income: $447 million
Federal tax after rebates: -$228 million
Effective tax rate: -51%
In a statement to Business Insider, a spokesperson for Activision Blizzard emphasized that the company paid other taxes beyond the federal income tax, including state taxes.
Amazon
2018 US income: $10.8 billion
Federal tax after rebates: -$129 million
Effective tax rate: -1%
An Amazon spokesperson noted that Amazon paid billions in taxes other than the federal income taxes, including state and local taxes, and added that Amazon has brought its total US workforce to more than 250,000.
"Amazon pays all the taxes we are required to pay in the US and every country where we operate, including paying $2.6 billion in corporate tax and reporting $3.4 billion in tax expense over the last three years," the spokesperson said. "Corporate tax is based on profits, not revenues, and our profits remain modest given retail is a highly competitive, low-margin business and our continued heavy investment."
Delta Airlines
2018 US income: $5 billion
Federal tax after rebates: -$187 million
Effective tax rate: -4%
A spokesperson for Delta did not immediately respond to a request for comment.
General Motors
2018 US income: $4.32 billion
Federal tax after rebates: -$104 million
Effective tax rate: -2%
A spokesperson for GM did not immediately respond to a request for comment.
Goodyear
2018 US income: $440 million
Federal tax after rebates: -$15 million
Effective tax rate: -3%
A spokesperson for Goodyear did not immediately respond to a request for comment.
IBM
2018 US income: $500 million
Federal tax after rebates: -$342 million
Effective tax rate: -68%
A spokesperson for IBM did not immediately respond to a request for comment.
JetBlue
2018 US income: $219 million
Federal tax after rebates: -$60 million
Effective tax rate: -27%
A spokesperson for JetBlue did not immediately respond to a request for comment.
Netflix
2018 US income: $856 million
Federal tax after rebates: -$22 million
Effective tax rate: -3%
A spokesperson for Netflix did not immediately respond to a request for comment.
Pitney Bowes
2018 US income: $125 million
Federal tax after rebates: -$50 million
Effective tax rate: -40%
In a statement to Business Insider, a spokesperson for Pitney Bowes emphasized that, while its federal income tax was zeroed out by rebates, the company still paid other taxes totaling approximately $127 million in 2016, $53 million in in 2017, and $26 million in 2018. The spokesperson added that the company's taxes lowered following the sale of its production mail business last year.
Salesforce
2018 US income: $800 million
Federal tax after rebates: Not immediately available.*
*In its report, the Institute on Taxation and Economic Policy notes that some companies' vague language in their 10-K annual financial filings makes it difficult to calculate the exact size of their rebates. ITEP notes that Salesforce disclosed $132 million in "tax credits," but doesn't go into more detail.
A spokesperson for Salesforce did not immediately respond to a request for comment.
