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That varies by jurisdiction. Gross Receipts Taxes [1] (including Washington State [2] where Amazon is headquartered) are levied against revenue and not profit.
by meritt 9y ago
That varies by jurisdiction. Gross Receipts Taxes [1] (including Washington State [2] where Amazon is headquartered) are levied against revenue and not profit.
[1] https://en.wikipedia.org/wiki/Gross_receipts_tax https://en.wikipedia.org/wiki/Gross_receipts_tax
[2] http://dor.wa.gov/content/FindTaxesAndRates/BAndOTax/ http://dor.wa.gov/content/FindTaxesAndRates/BAndOTax/