Re:Amazon paid no US income taxes for 2017
by maxerickson on Thursday March 01, 2018 @08:10PM
(#16498011)
The article states that the options expense of $917 million is one of the deductions, that would only account for ~16% of their 2017 earnings ($5.6 billion) and something like ⅓ of that in taxes, so not anywhere near 100% of their taxes are involved.
Do you think allowing companies to treat compensation as an expense is a bad thing? The employees will be taxed on the value they receive by exercising the options and will generally be in higher brackets, so the big impact of the exercises is that the employees end up with something like $600 million (the government gets a big chunk either way).
Do you think allowing companies to treat compensation as an expense is a bad thing? The employees will be taxed on the value they receive by exercising the options and will generally be in higher brackets, so the big impact of the exercises is that the employees end up with something like $600 million (the government gets a big chunk either way).