Amazon also reported $280.5 billion in total revenue in 2019.Īmazon has been the subject of much criticism over the fact that the company's final federal tax burden has been particularly lacking in recent years. ![]() The federal corporate tax rate is 21%, but as in the past, Amazon likely employed various tax credits and deductions to reduce its federal tax bill. Of course, $162 million is still just a fraction of the $13.9 billion in pre-tax income Amazon reported for 2019 - roughly 1.2%, in fact. federal income tax, Amazon was on the hook for a $162 million bill in 2019, the company said in an SEC filing on Thursday. After two straight years of paying $0 in U.S. ![]() That's because Amazon actually owed money to the federal government in 2019.
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