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They also pay billions (almost $5 billion in FY 2020) in "royalties" back to the US parent company. So while Amazon Europe may report a loss in Europe, it cert
by Reason077 6y ago
They also pay billions (almost $5 billion in FY 2020) in "royalties" back to the US parent company.
So while Amazon Europe may report a loss in Europe, it certainly makes a lot of profit for Amazon Inc. (It's also helpful that foreign royalty income qualifies for a discount under US tax rules!)