Well, this will be surprising to most of our readers knowing that Amazon pays almost no federal tax, despite having a net worth of over $700 billion. The company has even faced criticism from President Trump for this, yet he recently reduced the corporate tax rate, making it easier for large companies to pay less. Below is the explanation that will help you understand how Amazon gets away with paying taxes:
Amazon might be facing issues because of President Trump’s attacks, but its tax practices aren’t unique. A lot of big companies find their ways to pay as little tax as possible.