February 14, 2019

The Hill: Amazon to Pay $0 in Federal Income Taxes: Report

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The Institute on Taxation and Economic Policy found that the online retailer, which reported $11.2 billion in profits in 2018, did not pay income tax because of unnamed “tax credits” in their disclosure. The company will reportedly receive a $129 million federal income tax rebate, effectively making their tax rate -1 percent. Read more



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