Amazon Paid a 1.2 Percent Tax Rate on Billions in Profits in 2019

While Amazon said it paid “billions” in taxes in 2019, the company actually paid $162 million in federal income tax—a tax rate of 1.2 percent on profits of more than $13 billion, according to Yahoo News.....
https://www.thedailybeast.com/amazon-paid-a-12-percent-tax-rate-on-billions-in-profits-in-2019