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Cisco's abusive income tax evasion achieved 11% effective income tax rate during FY13

During FY13 with +$29.6 billion MORE in total sales and +$6.884 billion MORE in total income, Cisco paid -$431 million LESS in income tax than it did 14-years ago during its FY00.

Hummelstown, PA:   Sun, 8/25/13 - 11:59pm    View comments
 

Without abusive income tax evasion, Cisco's artificially inflated profits would be absolutely impossible to achieve.

I mean, for example during FY13, with +$29.6 billion MORE in total sales and +$6.884 billion MORE in total income, Cisco paid -$431 million LESS in income tax than it did 14-years ago during its FY00.
 

Cisco's provision for income taxes 14-year history:

(View the spreadsheet without frames)

Source: U.S. Securities and Exchange Commission

Cisco's 4-year quarterly sales (view the spreadsheet without frames):

Source: Cisco Systems

Cisco's 4-year annual sales (view the spreadsheet without frames):

Source: Cisco Systems
 

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