Seattle Post-Intelligencer: How Seattle’s Amazon avoids paying taxes

Amazon effectively paid no U.S. income taxes in 2017, according to an analysis by the Institute on Taxation and Economic Policy. Meanwhile, the company reported a staggering $1.9 billion in profits in the fourth quarter of 2017.

“At a time when states all want to see HQ2 coming to them, but they don’t necessarily have the cash to spend on tax incentives, it’s potentially helpful for them to know that at least in 2017, Amazon doesn’t appear to be a company that’s excessively burdened by the workings of the tax system to begin with,” said Matthew Gardner, senior fellow at the Institute on Taxation and Economic Policy, in an earlier SeattlePI story. Read more