Amazon paid no US income taxes for 2017

Re:Amazon paid no US income taxes for 2017 by ksec on Friday March 02, 2018 @09:07AM (#16501417)

If they spend it on their HQ2, let say it is $2B, do they wipe of the $1 Profits this year, ( Paid no tax ), and Net Operating Loss of $1B, which get deducted next year. Assuming they make the same $1B profits next year, that is No Tax again right?

One of the problem I see is that many companies buy Asset like property asset to avoid taxes.

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Re:Amazon paid no US income taxes for 2017 by matt_wulfeck on Friday March 02, 2018 @11:25AM (#16502854)

Theres an important distinction in deferring taxes versus avoiding taxes. Every time they buy a peice of property there’s taxes on the sale. Every year there’s property taxes (very high in WA), then finally there’s a sale and guess what?

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Re:Amazon paid no US income taxes for 2017 by ksec on Sunday March 04, 2018 @02:25AM (#16513657)

Sorry it was a hypothetical question, didnt know there is property tax in US.

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