Authorization

'We pay every penny we owe': Amazon fires back at Joe Biden, defending how much it pays in taxes (AMZN)

'We pay every penny we owe': Amazon fires back at Joe Biden, defending how much it pays in taxes (AMZN)
AP Photo/Jessica Hill



Amazon fired back at former Vice President Joe Biden on Twitter Thursday after he tweeted that Amazon should not pay a lower tax rate than firefighters and teachers.




"We pay every penny we owe," Amazon wrote on Twitter. Adding that Biden's criticism should be focused on US tax code rather than Amazon itself.




Amazon has not owed federal taxes in the last two years. It avoids paying federal taxes using a variety of tax credits and tax exemptions that are legal and built into the U.S. federal tax code.




Visit Business Insider's homepage for more stories.



Amazon fired back at Joe Biden on Thursday after he criticized how much the tech giant pays in taxes.
"We've paid $2.6B in corporate taxes since 2016. We pay every penny we owe," Amazon wrote on Twitter on Thursday.
Former Vice President Biden called out Amazon's tax practice during a campaign speech in Mount Pleasant, Iowa on Tuesday.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Сентябрь 2019    »
ПнВтСрЧтПтСбВс
 1
2345678
9101112131415
16171819202122
23242526272829
30