Multi-State – Amazon Highlights Taxes Paid In Pushback Against Critics


Washington: Amazon said Friday it paid more than $1 billion in US federal income taxes in 2019 as it pushed back at criticism over its corporate responsibility.

A blog post by Amazon sought to highlight its investments and contributions to the US economy, in a move to fend off critics claiming it benefits from taxpayer subsidies.

“Since 2010, we’ve made more than $270 billion in investments in corporate offices, customer fulfillment and cloud infrastructure, wind and solar farms, eco-friendly equipment and machinery and compensation to our teams,” Amazon said.

“These investments are accelerating, and we estimate that they have contributed an additional $168 billion to the US GDP since 2010.”


For The Full Story: thenews.com.pk

the news | international
february 3, 2020