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by jamroom 2878 days ago
Looks like they paid no US income taxes in 2017:

https://www.seattlepi.com/business/tech/article/Amazon-paid-...

1 comments

I couldn't access that the article...are they saying that people who work for Amazon paid no income tax?
No, it's corporate income tax, a direct tax imposed by the federal government on corporations. The rate can be 15% to 35% but there are so many deductions available that large companies like Amazon are often able to dodge it completely. For instance, the article mentions a $917 million deduction on stock options exercised by employees, which was probably the bulk of the deductions.
Which is related to Amazon paying taxes ... exactly how?