World News@lemmy.worldEnglish · 27 days ago

Palantir Paid No Federal Income Tax. Its Global Tax Rate Is Just 1.4 Percent.

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Palantir Paid No Federal Income Tax. Its Global Tax Rate Is Just 1.4 Percent.

truthout.org

𝕽𝖆𝖉𝖎𝖈𝖆𝖑 𝕽𝖊𝖇𝖊𝖑@sh.itjust.works to

World News@lemmy.worldEnglish · 27 days ago

The infamous surveillance company paid $22.7 million in global corporate taxes while raking in $1.6 billion in profits.

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26 days ago
Palantir is a company. Companies are exempt from most of the taxation, because company is different entity than physical person.

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