{"id":9855,"date":"2018-02-28T10:37:17","date_gmt":"2018-02-28T14:37:17","guid":{"rendered":"http:\/\/www.wasobamaborninkenya.com\/blog\/?p=9855"},"modified":"2018-02-28T10:37:17","modified_gmt":"2018-02-28T14:37:17","slug":"amazon-earned-5-6b-in-2017-but-paid-no-federal-taxes","status":"publish","type":"post","link":"https:\/\/www.wasobamaborninkenya.com\/blog\/amazon-earned-5-6b-in-2017-but-paid-no-federal-taxes\/","title":{"rendered":"Amazon earned $5.6B in 2017, but paid no federal taxes"},"content":{"rendered":"
\"\"<\/a>Image source: International Business Times – http:\/\/www.ibtimes.com\/amazon-nearly-20-years-business-it-still-doesnt-make-money-investors-dont-seem-care-1513368<\/h6>\n

===============================================<\/strong><\/p>\n

FOX Business<\/strong>
\nby Megan Henney
\n2\/27\/2018<\/h3>\n

Excerpt:<\/strong><\/p>\n

Jeff Bezos\u2019 sprawling e-commerce giant Amazon reportedly raked in more than $5.6 billion in U.S. profits in 2017, but despite that, the company essentially paid $0 in federal income taxes.<\/em><\/p>\n

That\u2019s largely attributable to \u201cexcess stock-based compensation deductions\u201d and the effect of the 2017 Tax Act, according to the company\u2019s U.S. Securities and Exchange Commission filing earlier this month. In other words, Amazon was able to leverage the tax credits and breaks to zero out taxes it owed this year, according to the Institute on Taxation and Economy Policy (ITEP), a non-partisan think tank.<\/em><\/p>\n

………………………………………..<\/p>\n

View the complete article including videos and links at:<\/strong><\/p>\n

https:\/\/www.foxbusiness.com\/markets\/amazon-earned-5-6b-in-2017-but-paid-no-federal-taxes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Image source: International Business Times – http:\/\/www.ibtimes.com\/amazon-nearly-20-years-business-it-still-doesnt-make-money-investors-dont-seem-care-1513368 =============================================== FOX Business by Megan Henney 2\/27\/2018 Excerpt: Jeff Bezos\u2019 sprawling e-commerce giant Amazon reportedly raked in more than $5.6 billion in U.S. profits in 2017, but despite that, the company essentially paid … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-9855","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/9855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/comments?post=9855"}],"version-history":[{"count":1,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/9855\/revisions"}],"predecessor-version":[{"id":9857,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/posts\/9855\/revisions\/9857"}],"wp:attachment":[{"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/media?parent=9855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/categories?post=9855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wasobamaborninkenya.com\/blog\/wp-json\/wp\/v2\/tags?post=9855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}