Wednesday, April 20, 2022

Amazon reports loss, gets tax credits, on European operations


Amazon's main European retail business reported $1.2 billion of losses in 2021, which allowed the company to pay no income tax and receive $1.1 billion in tax credits.

source https://www.seattletimes.com/business/amazon-reports-loss-gets-tax-credits-on-european-operations/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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