> AWS gets to reduce its profits by making this investment, which means they pay less taxes. This has been Amazon strategy for a long long time now, almost two

> AWS gets to reduce its profits by making this investment, which means they pay less taxes. This has been Amazon strategy for a long long time now, almost two decades. But Bezos views this in a different way, not as an accounting trick to look good to investors, but as a way to kill the competition, since you have lower costs by not paying taxes, so you can redirect a part of what would have been taxes to attract customers (lower prices, excellent customer support, ...)