Nike, HP and Other Large Corporations Got Away With Not Paying Any Federal Taxes on Their 2020 Profits Posted byJustin Chan April 5, 2021 Leave a comment on Nike, HP and Other Large Corporations Got Away With Not Paying Any Federal Taxes on Their 2020 Profits At least 55 of America’s largest companies avoided federal taxation last year by using certain tax breaks, some of which had been revived during the pandemic.