Amazon’s Zero Tax Liability
A report in Vox attributes Amazon’s zero tax liability on close to $11 billion in 2018 earnings to three factors:
1. Research and development tax credit;
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3. Deduction from Amazon’s taxable earnings for the cost of stock-based compensation to employees and executives (about $1 billion, according to the company’s 10(k)).
Last Updated on February 20, 2019 by Ramin Seddiq