TheStreet.com: Amazon’s Biggest Rival Isn’t Walmart, It’s Congress
media mentionOver that period the company paid $1.9 billion in U.S. corporate income taxes, according to a 2021 analysis by the Institute on Taxation and Economic Policy.
Those payments gave Amazon an effective tax rate of just 4.3%, about a fifth of the 21% statutory U.S. corporate income tax rate. Read more