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According to Amazon Inc's 2020 10-K filing, Amazon's international subsidiaries paid almost $5bn in royalty fees back to the US parent company[1]. It's hard to
by Reason077 6y ago
According to Amazon Inc's 2020 10-K filing, Amazon's international subsidiaries paid almost $5bn in royalty fees back to the US parent company[1]. It's hard to make a profit in Europe after you pay all those hefty fees!
[1] https://www.taxwatchuk.org/amazon-tax-structure/ https://www.taxwatchuk.org/amazon-tax-structure/