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Are we still doing this in 2025? The same complaints were brought up about Amazon years ago. Companies can have no income tax liability based on the tax credits
by blackeyeblitzar 2y ago
Are we still doing this in 2025? The same complaints were brought up about Amazon years ago. Companies can have no income tax liability based on the tax credits they get (for R&D or numerous other possible reasons), the way they depreciate assets, how their profits and losses are managed from an accounting perspective, etc. It doesn’t mean there is anything wrong happening. In fact it probably means the right thing is happening - companies typically are able to lower tax liability by doing things we incentivize them to do.