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How Amazon and Entrepreneurs Can Pay Zero Federal Income Tax, and Do So Legally

With the recent news that Amazon paid zero federal taxes for 2017, every entrepreneur should be asking, :”How can my company pay no taxes, and legally, too?” According to the Institute on Taxation and Economic Policy, Amazon “paid no U.S. income taxes on $5.6 billion in domestic profits last year.” But companies in a position like Amazon’s are just doing what the government wants them to do; their action is neither criminal nor evil.

Other companies may be wondering how that no-tax thing works. And, in that case, they may just need more information on how taxes work.

What most people don’t realize, in fact, is that 99 percent of the Internal Revenue Code is a series of incentives, primarily for businesses and investors to fuel the economy.

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