Amazon paid no US income taxes for 2017

Thanks to a complex system of credits and deferment, Amazon won’t pay any federal income taxes after topping $5.6 billion in income in 2017. The Seattle-based online retailer will end up paying out roughly $769 million in taxes for the year, but $724 million of that will be in foreign taxes.

via Amazon paid no US income taxes for 2017 – SFGate