Ask any AMZN analyst and he could probably give you a detailed explanation for it. The author(s) of this article act like it is some incredible mystery that nobody could understand. Lazy.
I merely point out that they famously lost money on every sale for a very long time. Perhaps those carry forwards are still helping. They don’t expire. Mentioned merely as a trail the moron reporters could have sniffed along for five minutes.
The table at the end labeled “where Amazon makes its money” is a list of revenues from various business segments. I suspect that, given the title, the reporters don’t understand the distinction between revenues and income. Ok?
I’m not claiming to know why they are supposedly paying zero, I am mocking the lousy reporters for not bothering to figure it out. I’m channeling my inner Lehigh to tell you that I actually don’t give a shit about Amazon’s tax bill. I just hate lazy journalism.