"Details regarding tax payment of US billionaires allegedly leaked"

9th June,2021

"Details regarding tax payment of US billionaires allegedly leaked"



A news website has obtained information purporting to expose how little income tax US billionaires pay.
The tax returns of some of the world's wealthiest individuals, including Jeff Bezos, Elon Musk, and Warren Buffett, have been seen by ProPublica. According to the website, Amazon CEO Jeff Bezos paid no taxes in 2007 and 2011, while Tesla CEO Elon Musk paid no taxes in 2018.
The leak was labelled "illegal" by a White House spokeswoman, and the FBI and tax authorities are looking into it. ProPublica said it was analysing a "vast trove of Internal Revenue Service data" on billionaires' taxes and would release more information in the coming weeks.
US Internal Revenue Service Commissioner Charles Rettig said that he can't speak to anything with respect to specific taxpayers although he confirmed that there was an investigation, with respect to the allegations that the source of the information in that article came from the Internal Revenue Service.