Major Companies That Weren’t Taxed Under America’s New Law

The AECOM Technology Headquarters. Credit: Wikimedia Commons

59. AECOM Technology

AECOM is an engineering firm that has over 87,000 employees. They design and build infrastructure in over 150 countries like skyscrapers, stadiums, bridges, tunnels, energy plants, and more. In 2019, they scored the 157th spot in the Fortune 500.

One of the bridges created by AECOM. Credit: AECOM Engineering

According to their records, the company reported $18 billion in revenue in 2017 and did just as well in 2018. Despite being such a worldwide powerhouse, it was still able to report the following on their taxes.

Income: $238

Federal Tax: $-122

Effective Tax Rate: -51%