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Amazon hides a lot of its profits as R&D expenses. I'm not an accountant, but I think it's sort of a tax dodging scheme. Refrain from paying dividends, pump all
by crispytx 9y ago
Amazon hides a lot of its profits as R&D expenses. I'm not an accountant, but I think it's sort of a tax dodging scheme. Refrain from paying dividends, pump all of your would-be-profits into R&D, and essentially 'break even' on paper every quarter.
- adventured 9y ago> Amazon hides a lot of its profits as R&D expenses. I'm not an accountant, but I think it's sort of a tax dodging scheme. That you're not an accountant must be the reason you don't understand spending on R&D isn't hiding profit. If you spend the money, it's not available as profit. Now, you use the term "hide" in relation to profit - which blatantly implies illegal activity. If that's the case, please provide the financial statements that you used to derive that immense legal claim. Amazon is a half a trillion dollar corporation with a vast number of very wealthy shareholders that would love to see all of this stolen profit that is being kept from them.