Tuesday, February 4, 2020

Amazon reveals new details about its federal tax bill in shot across the bow at critics - GeekWire

Today Panzer decided to make a quick trip to the GeekWire site. Digging around in the posts, our traveling kitty boy found one about Amazon and the company's U.S. federal income taxes. While the post doesn't really have anything to do with publishing, it is about Amazon.

$1 billion? That's a lot of kitty treats.
According to the GeekWire post by Monica Nickelsburg, Amazon has released information about its 2019 U.S. federal income taxes at the company's blog last week. The company said it had a $1 billion tax expense in addition to other taxes. Monica Nickelsburg speculates Amazon is releasing the information because some of the presidential candidates have taken aim at Amazon saying the company doesn't pay any federal taxes. There's a link to Amazon's information post included in the GeekWire post. In Amazon's post the company also explains other taxes and how much the company pays, as well as its involvement in fighting homelessness, and other issues like solar power.

Panzer says,  "Hmm ... Do you think now they'll stop saying Amazon doesn't pay any taxes?"

Note: This is a long-medium length post. Bring a large cup of tea and a muffin for today's reading selection.

To read the post tootle over to Amazon federal tax bill

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