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Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018

JANASENA

By JANASENA
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Spartan PRODUCER

Spartan

Posted
Posted
2 hours ago, Mitron said:

y

2 lines

accounting and tax breaks..

also trumps 35%  --> 21% slased rate helped..

even Netflix paid 0$ for 850Mn$ profit...

Variety_Pullayya Sr. Hero

Variety_Pullayya

Posted
Posted

most companies avoid tax . it is not just amazon. subsidies and it being an online retailer also helps.

they write off lots of amount on R&D and stocks

Quickgun_murugan LEGEND

Quickgun_murugan

Posted
Posted
1 hour ago, Spartan said:

accounting and tax breaks..

also trumps 35%  --> 21% slased rate helped..

even Netflix paid 0$ for 850Mn$ profit...

Sooper... that helps economy 

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