March 30, 2018
Amazon paid $957 million in income tax in 2017, according to regulatory filings. Amazon paid nothing in federal taxes this year thanks to tax credits and, in large part, Trump’s new tax law.
But the Institute on Taxation and Economic Policy found that Amazon is either not collecting local taxes or is charging a lower tax rate than local retailers in Alabama, Alaska, Idaho, Iowa, Mississippi, New Mexico, and Pennsylvania. Read more
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