Most big corporations are pretty squirrelly about disclosing the impact of the 2025 Trump tax cuts on their tax bills. And understandably so: last year’s tax cut has been remarkably unpopular, in no small part due to the huge tax giveaways it lavished on big multinationals. But ticket-broker giant Live Nation Entertainment isn’t shy: they say the new tax law is the reason they paid zero federal income tax in 2025, despite $145 million of U.S. profits.
Here’s the money quote from their latest annual report: “There was no cash paid for United States federal income taxes as we generated a taxable loss for…2025 due to the provisions allowed within the One Big Beautiful Bill Act.”
But ticket-broker giant Live Nation, whose ticketing service Ticketmaster was accused of anticompetitive practices by the Biden administration, isn’t shy: they say the new tax law is the reason they paid zero federal income tax in 2025, despite $145 million of U.S. profits.
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‘ Some details of this article were extracted from the following source itep.org ’
