NYT Looks at EA's Tax Avoidance

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The New York Times is running an article on how tax breaks and loopholes in the tax code have helped to enrich video game companies such as Electronic Arts. The article is worth reading, not only because it speaks specifically to how Electronic Arts uses the tax code to avoid paying substantial taxes, but because it is an excellent example of how companies in general take advantage of tax incentives that weren't implemented for very different reasons. The article also mentions how Electronic Arts (and companies like it) pay lobbyists to fight for further tax breaks, accumulate profits offshore to avoid taxes, and even hire ex-treasury officials to ensure they receive the most favorable tax treatment.

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This page contains a single entry by Editor published on September 11, 2011 1:52 PM.

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