Berkshire Hathaway, the eighth-largest public company in the world owned by billionaire Warren Buffet is behind on its taxes, the New York post reports.
According to the Post, Berkshire Hathaway owes back taxes from as far back as 2002.
The news comes just weeks after Buffet wrote an in-depth editorial chiding the low tax rates paid by the super-rich.
More generally, due to a variety of breaks and loopholes, many U.S. corporations don’t pay the top marginal rate. Over one-fourth of the U.S. corporations comprising the S&P 500 paid a corporate tax rate below 20 percent over the last half-decade, The New York Times recently reported.