Benjamin Franklin stated loss of life and taxes are the one two issues sure in life, however some megacorps have escaped the taxes fully. In line with a USA TODAY evaluation of information from S&P World Market Intelligence, there are 27 corporations in S&P 500 that paid no revenue tax in 2015 regardless of having income for the yr. These large firms embrace Common Motors and United Continental. When you may pay dearly in taxes, there are specific loop holes for main corporations to take benefit akin to decrease oversea tax charges. Even when the megacorps present income, they will keep away from tax fully for the yr once they use tax credit score after years of earlier losses. (usatoday.com)