Friday, February 5, 2021

Amazon Would Likely Pay Even More Tax Under Biden Plan

Amazon reported $1.8 billion in current U.S. tax liability for 2020, a departure from the tiny or negative tax costs it posted in prior years. It said a surge in pretax income last year led to the sudden rise in its reported tax expense.

source https://www.wsj.com/articles/amazons-u-s-tax-costs-jumped-in-2020-it-likely-would-pay-even-more-under-biden-plan-11612521002?mod=pls_whats_news_us_business_f

No comments:

Post a Comment