‘Silicon Six’ accused of avoiding almost $278bn in US corporation taxes over 10 years

The Fair Tax Foundation said the big six US tech firms had had ‘hardwired’ tax avoidance into their business models. Photograph: AP

The big American tech firms known as the “Silicon Six” have been accused of paying almost $278bn (£211bn) less corporate income tax in the past decade compared with the statutory rate for US companies making the same profits.

Amazon, Meta, Alphabet, Netflix, Apple and Microsoft generated $11tn of revenue and $2.5tn of profits over the past 10 years.