Re: Amazon is plenty profitable Competition abounds
Tax laws (generally) allow you tax breaks if your company reinvest in "Research", "Plants and Materials" and other costs, expenses that gets deducted before Corporation Tax is levied. Therefore on revenues of $21 billion it is actually in their interests to minimise their profit, because otherwise, heaven forbid, they might have to consider distributing some of it back to Shareholders...or worse, paying tax on it!
Biting the hand that feeds IT
