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Virginia Resident Form 760 Instruction

Virginia Resident Form 760 Instruction

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Amazon is a very sophisticated tax player. Amazon is very much the canary in the coal mine. They're really doing what a lot of politicians wish more companies would do. Amazon is a huge company, but you know just how huge it really is. We start with amazing Amazon somewhere CEO Jeff Bezos is smiling. It's one of only two U.S. companies to ever reach a trillion dollar valuation. No one in history has become as rich as quickly. It's made Jeff Bezos the richest man in the world. That is one hundred million prime subscribers globally. And if you put those prime subscribers in one country, it would be the 14th largest on the planet. The planet. But that massive company paid no federal income tax on more than 11 billion in profits in 2018. And somehow they actually got a $129 million tax rebate. So how do they do it? First, there is the tax bill. President Trump's signature tax legislation lowered the corporate tax rate from 35 to 21 percent. Corporations are

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