Hacker News new | ask | show | jobs
by benologist 2684 days ago
I think they invest massively in accounting and legal and corrupt arrangements to avoid taxes, so it must simply be their desire. Their tax paperwork didn't accidentally end up $129m up instead of $3b down.

https://www.cnbc.com/2017/10/03/eu-to-fine-amazon-millions-i...

It's a while since they didn't make a profit, in large part because of AWS growing to currently north of a million an hour net profit on margins their retail side can't replicate.

https://www.recode.net/2017/4/27/15451726/amazon-q1-2017-ear...

Suggests Q3 2015 was the last time they lost money... and lost can mean anything with enough accounting.