Even after the US corporate tax rate was cut to 21%, big tech paid substantially less

Standfirst ...

Cash tax paid as percentage of profit (2010-19)

0%

5

10

15

20

25

30

35

US corporate tax rate pre-Trump 35%

US corporate tax rate after Trump tax cuts 21%

Apple 17.1%

Microsoft 16.8%

Google (Alphabet) 15.8%

Netflix 15.8%

Amazon 12.7%

Facebook 10.2%