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by o10449366
2684 days ago
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Tax credits and stock-based compensation are the likely reason. Some people will argue that with Amazon being one of the richest companies in the world there should exist no scenario in which they don't pay federal income tax and that the tax code should be simplified to close up these loopholes, but I just want a tax code rewrite so politicians and the media can stop exploiting the uneducated masses who don't understand what a tax break is. |
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From the second paragraph of the article:
> "The Institute on Taxation and Economic Policy says the company is subject to a 21 percent tax rate on its U.S. income. However, through various tax breaks and credits, the company will receive a tax rebate of $129 million."