How Amazon Pays $0.00 In Taxes (Yes, Legally)

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Amazon pays nothing in federal taxes. Here's how they do it! The world was shocked when it heard that Amazon, one of the largest companies in the world, paid $0 in taxes. So how did they do it? And perhaps more importantly, how come only Amazon paid $0, while other giants like Apple and Google paid (at least some) taxes?

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#JeffBezos #Amazon #Taxes
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On March 13, 2009 domino's stock was $6.42, as of March 15, 2019 it is at $245.65!
absolutely remarkable

TheGodfather
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you deserve a medal for always choosing the most interesting topics to talk about.

ProactiveThinker
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Surprising how Domino's stock has outperformed Amazon during the past 5 years, but nobody seems to notice.

ZacharyLaid
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Having more of your income confiscated, your entire life in exchange of substandard government run service isn't anything to brag about. its actually embarrassing..

hamidjamie
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People: it's impossible not to pay taxes
Jeff Bezos: *hold my money*

francela
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Here in the netherlands starbucks doesn't pay taxes ether, because our goverment asked them how much they wanted to pay and they said: nothing. 🤦🏿‍♀️

Nando-podb
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Domino's seriously grew more than Amazon? lol I guess pizza really is the solution to everything

EcuadorianFlagShip
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Everybody hate big corporation Amazon but everyone buy from big corporation Amazon. Then they wonder why Amazon is so big.

lool
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I always wondered why during peak season they gave away to us employees thousands in gift cards..50 inch tvs..brand new play stations..200 dollar ear buds... Echoss and fires...and the list goes on and on.. I knew it was All for tax deduction! I knew they won't just being nice for the hell of it!

dvb
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Great video! One nitpick: Even when Amazon pays Bezoz with shares, it does cost them (the shareholders). The money would have otherwise come out of the balance sheet of the company, reducing the share's value by that much (theoretically). Since actual stock value is much higher than book value, you could argue that paying with shares actually costs the company more.
And paying executives with shares is mostly a way to incentivise them, not because it's so much cheaper.

niagr
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The only one they should be able to write off is the R&D imo. Depreciation and stock wages both seem a little shady. Tax code is way too complex

edkrassenstein
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I've watched a dozen of your videos and they're all superb. Thank you for making them.

benjaminpackard
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I don't understand why many people see legal tax avoidance as immoral...
It is basic human instinct to reduce one's bills however possible.


When there are completely legal ways to reduce your tax bill, its only natural that entrepreneurs use it for their advantage. It is being smart and frugal.


Besides, Amazon creates a shit ton of jobs to more than compensate for all the taxes they don't pay.

russophile
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3:11 why are you hiding anime cat girls in your vids

Andrei-uree
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I have a question for you. Where are you from, because you name sound a lot like a Bulgarian one. Keep up the great content!
I'm from Bulgaria.

simeon
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Honestly, I am more mindblown by your video editing skills, than by the content of the video :D

Do you mind telling me how did you learn to edit so well? :)

DarkSaruman
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So I love the fact that you keep hiding Ferris in your videos. 3:12 in this one and 5:41 in your Microsoft videos. I pretty sure he's in your Trump video too(*edit* it's at 4:57 in the Trump video). I think it's hilarious you keep doing this but my question is why Ferris from Re:zero?

Matando
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They do NOT create stock out of thin air. They deduct the amount the company owns.

When a company IPO’s, they only release a small portion of the companies shares to the public. The rest is kept by the company.

xrk
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Thank you answering my questions before I even ask em. I love this channel.

shohanbhattacharya
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How "x" breaks the law and gets away with it:
Step 1: Be rich
Step 2: Don't be poor

JohnSmith-lwmq