Benjamin Franklin mentioned dying and taxes are the one two issues sure in life, however some megacorps have escaped the taxes utterly. Based on a USA TODAY evaluation of information from S&P World Market Intelligence, there are 27 firms in S&P 500 that paid no earnings tax in 2015 regardless of having earnings for the yr. These large firms embody Basic Motors and United Continental. Whilst you may pay dearly in taxes, there are specific loop holes for main firms to take benefit equivalent to decrease oversea tax charges. Even when the megacorps present earnings, they will keep away from tax utterly for the yr once they use tax credit score after years of earlier losses. (usatoday.com)