R&D credits

1 articles
BenzingaBenzinga··Namrata Sen

Amazon's Tax Liability Plummets to $1.2B as New Depreciation Rules Drive $7.8B Relief

Amazon's federal tax bill dropped to $1.2B from $9B due to new depreciation rules and R&D credits, despite higher profits, sparking criticism over corporate tax relief.
AMZNtax breakcorporate taxation