@kravietz Nothing wrong with this once you understand why. They got tax credit for significantly overpaying in the past, In fact in all likelyhood it is credit that they were finally able to get for their overcharge in 2014 (which was an absurd 91%).

/their tax rate is quite reasonable once you average it out over the last 5 years

@freemo @kravietz

Are you suggesting that 5 years ago, Amazon overpaid so much tax that they've just stopped for a while?

More common explanations include paying employees in shares:
channel4.com/news/factcheck/fa

standard border-tricks:
theguardian.com/technology/201

And a plethora of other legal legerdemain.

Follow

@malin

By the way there are other factors as well im not saying what u proposed was the only part, but it is a huge, and fair, part of it.
@kravietz

Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.