Toddsterpatriot
Diamond Member
- May 3, 2011
- 102,133
- 36,174
won't pay any federal income taxes for the second year in a row...
Thanks to a complex system of credits and deferment, Amazon won't pay any federal income taxes after topping $5.6 billion in income in 2017. The Seattle-based online retailer will end up paying out roughly $769 million in taxes for the year, but $724 million of that will be in foreign taxes.
https://www.sfgate.com/business/tech/article/Amazon-paid-no-US-income-taxes-for-2017-12713961.php