Oh dear han/dog, about time you actually posted facts and a link rather than making BS up and posting
Yes Amazon didn't pay a huge % of tax butBut this year, while the company says it has paid “billions” in taxes for the year 2019, in reality it only paid $162 million in federal income tax — an effective tax rate of 1.2% on over $13 billion in profits.
“We follow all applicable federal and state tax laws, and our U.S. taxes are a reflection of our continued investments, compensation of our employees, and the current tax rules,” Amazon wrote in a blog post on Jan. 31.
In Amazon’s 10-K filing for 2019 (a detailed financial report required by the Securities and Exchange Commission each year) the company reported paying $162 million in federal income taxes, with more than $914 million in federal income taxes deferred.
https://au.finance.yahoo.com/news/amazon-paid-a-12-tax-rate-on-13285000000-in-profit-for-2019-210847927.html
See how that was done, no BS made up post posted what is reported and provide a link
- Forums
- World Politics
- U.S. President Donald Trump paid US$750 in tax in 2016 & 2017
U.S. President Donald Trump paid US$750 in tax in 2016 & 2017, page-7
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