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A comment on Amazon builds property empire, quietly buying land across the US. Parent comment

Re:Amazon builds property empire, quietly buying land across... by Spooky23 on Tuesday June 14, 2022 @05:34PM (#31746372)
Little different- the church doesn’t pay property taxes. Amazon does, unless they have a religious investment arm.

If I had to guess, I’d say land purchases are some sort of vehicle to filter profits for tax purposes. There’s a million rules that benefit property owners for that purpose.

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Re:Amazon builds property empire, quietly buying land across... by SoftTalker on Tuesday June 14, 2022 @06:03PM (#31746619)
Perhaps they are getting tax abatements by bamboozling the local county officials into thinking that there is going to be some huge local economic benefit from their land purchase.
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Re:Amazon builds property empire, quietly buying land across... by asdff on Wednesday June 15, 2022 @01:53AM (#31749562)
OTOH when amazon wants to build a warehouse, they probably shop around for municipalities that are willing to waive collecting property taxes for X amount of years to get that development and income tax.
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