Xerox is on a list of 27 large and profitable companies that paid no income tax last year.
A report in the USA Today lists Xerox as one of several profitable companies that reported negative income tax expenses in 2015.
According to the report, Xerox had -$23 million in income tax expenses.
We reached out to the company in a statement. A spokesperson says Xerox is in compliance with all tax laws.
Source: Xerox named on list of large companies that paid no income tax NEWS 10