Zoom paid no federal income tax last year amid pandemic profit surge ...Middle East

New York Post - Technology
Zoom paid no federal income tax last year amid pandemic profit surge
Videoconferencing giant Zoom exploited a loophole to avoid paying a penny in federal income taxes in 2020 — even though the COVID-19 pandemic drove its profits to staggering heights last year, records show. Zoom raked in nearly $664 million in US pre-tax profits in its last fiscal year as its platform became a ubiquitous tool...

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