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Old 02-16-2019, 03:28 PM  
Robbie
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Join Date: Aug 2002
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Quote:
Originally Posted by VRPdommy View Post
Amazon pay $0 on record profits of $11B

Hmmm.... How do I get one of those tax breaks ?

https://finance.yahoo.com/news/amazo...180337770.html

The company reported $5.6 billion in U.S. profits in 2017 and paid $0 last year as well.

That same article also says this:
"Amazon pays all the taxes we are required to pay in the U.S. and every country where we operate, including paying $2.6 billion in corporate tax and reporting $3.4 billion in tax expense over the last three years,"

It's confusing. Did they pay "zero" or 2.6 BILLION in taxes?
Or is this third party company that is looking at Amazon's public records saying that they HAVE been paying taxes but won't have any for the year 2018?
The article also says that the companies being looked at by the "Institute on Taxation and Economic Policy" all say their findings are incorrect.
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