Amazon is worth almost a trillion dollars, but they are paying no federal income tax! David Mayer, National Director of Engineered Tax Services, joined Bold Business to explain why. “Executives that make over $1 million a year and get stock options, if they exercise them within a respective year the profit from exercising that stock can be deducted by the company. Whether that should happen or not, that was another reason why they paid no taxes.”
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Editor’s Note: Engineered Tax Services is a Bold sponsor.
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