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Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018


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4 hours ago, Snoslinger said:

That’s something else weird regarding dumb Dave. He’s a Canadian, yet wifey is a US citizen. What advantages are you lapping up over that? Free healthcare, lower taxes perhaps? 

so back to your original butt hurt 

show us all a loop hole .

 

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4 hours ago, NaturallyAspirated said:

Any NOL carry back/forward is a loop hole ffs.

Neal

NOL Changes May Impact Struggling Companies. ... The Tax Cuts and Jobs Act of 2017 (“TCJA”) repeals the two-year carryback period and grants an indefinitecarryforward for losses generated in taxable years ending after December 31, 2017. However, NOLdeductions are now limited to 80% of taxable income

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38 minutes ago, Ez ryder said:

NOL Changes May Impact Struggling Companies. ... The Tax Cuts and Jobs Act of 2017 (“TCJA”) repeals the two-year carryback period and grants an indefinitecarryforward for losses generated in taxable years ending after December 31, 2017. However, NOLdeductions are now limited to 80% of taxable income

Can't be explained in simple language in one sentence, loophole.

Neal

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