February 7, 2020

CBSNews.com: Amazon paid a tax rate of just 1.2% last year, versus 14% for average Americans

media mention

Amazon isn’t alone, of course. Hundreds of U.S. companies now pay tax rates that are lower than those many Americans pay. A study late last year from the liberal Institute on Taxation and Economic Policy found that Fortune 500 companies pay an average tax rate of 11.3%. Read more



Share