Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
https://finance.yahoo.com/news/amazon-taxes-zero-180337770.html
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@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
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:
https://www.channel4.com/news/factcheck/factcheck-why-does-amazon-pay-so-little-tax
standard border-tricks:
https://www.theguardian.com/technology/2017/aug/10/amazon-uk-halves-its-corporation-tax-to-74m-as-sales-soar-to-7bn
And a plethora of other legal legerdemain.
