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Tax avoidance https://itep.org/amazon-avoids-more-than-5-billion-in-corporate-income-taxes-reports-6-percent-tax-rate-on-35-billion-of-us-income/ https://itep.

Tax avoidance https://itep.org/amazon-avoids-more-than-5-billion-in-corporate-income-taxes-reports-6-percent-tax-rate-on-35-billion-of-us-income/ https://itep.org/amazon-avoids-more-than-5-billion-in-corpor... That's why SMEs cannot compete against Amazon

wayfinder 3y ago
Every company avoids taxes. Shit, I damn avoid taxes whenever I can. Blame the game, not the player. It ain’t my fault they wrote the laws wrong. And I’m not giving away my advantage when no one else is gonna.
- KeplerBoy 3y ago
  If everyone is doing it, it's not even an advantage, but merely a necessity to be competitive.
  - filoleg 3y ago
    Correct, yep. Which is why tax avoidance is not a crime, but tax evasion is. It would be a rather strange conversation with an accountant doing your taxes, if you walked up and said “hey, can you make it so that i pay more taxes than the legal minimum I am obligated to?”
    - varelse 3y ago
      [dead]
  - andrepd 3y ago
    Not really, because as pointed out large companies can do it much better than small ones.
- miohtama 3y ago
  Every company does not have as many resources and tax lawyers to minimize their tax burden as Amazon.
  - wayfinder 3y ago
    No, and nor do I compared to a rich person. But is telling anyone "don't minimize your taxes" really practical?
    - konschubert 3y ago
      Nobody said that. Nobody was hating the player.
  - local_crmdgeon 3y ago
    Agreed, and that's why corporate taxes shouldn't exist. They functionally penalize small business under every system that exists.
- tmpX7dMeXU 3y ago
  [dead]
- deleted 3y ago
  [deleted]
- water-your-self 3y ago
  The player is often also creating the game as they play, so I will continue to blame them.
sekai 3y ago
That's not why, if you think competitors are not doing everything they can to avoid taxation you're naive.
scarface_74 3y ago
Yes, I’m sure if it weren’t for the taxes, they wouldn’t have any problem creating billions of dollars worth of warehouses, spending even more money for a logistics network.

wayfinder 3y ago

Every company avoids taxes. Shit, I damn avoid taxes whenever I can. Blame the game, not the player. It ain’t my fault they wrote the laws wrong. And I’m not giving away my advantage when no one else is gonna.

KeplerBoy 3y ago
If everyone is doing it, it's not even an advantage, but merely a necessity to be competitive.
- filoleg 3y ago
  Correct, yep. Which is why tax avoidance is not a crime, but tax evasion is. It would be a rather strange conversation with an accountant doing your taxes, if you walked up and said “hey, can you make it so that i pay more taxes than the legal minimum I am obligated to?”
  - varelse 3y ago
    [dead]
- andrepd 3y ago
  Not really, because as pointed out large companies can do it much better than small ones.
miohtama 3y ago
Every company does not have as many resources and tax lawyers to minimize their tax burden as Amazon.
- wayfinder 3y ago
  No, and nor do I compared to a rich person. But is telling anyone "don't minimize your taxes" really practical?
  - konschubert 3y ago
    Nobody said that. Nobody was hating the player.
- local_crmdgeon 3y ago
  Agreed, and that's why corporate taxes shouldn't exist. They functionally penalize small business under every system that exists.
tmpX7dMeXU 3y ago
[dead]
deleted 3y ago
[deleted]
water-your-self 3y ago
The player is often also creating the game as they play, so I will continue to blame them.

sekai 3y ago

That's not why, if you think competitors are not doing everything they can to avoid taxation you're naive.

scarface_74 3y ago

Yes, I’m sure if it weren’t for the taxes, they wouldn’t have any problem creating billions of dollars worth of warehouses, spending even more money for a logistics network.