< iframe width =" 480" height =" 320" src =" https://www.youtube.com/embed/qNg55JDMDHM?rel=0 "frameborder =" 0 "allowfullscreen > Amazon paid $0 in federal revenue tax obligations in 2018. On top of that, the firm likewise received a multi-million buck tax rebate from the federal government. How does the firm do it? Head of state Trump's tax cuts, hostile income reinvestment, years of R&D, and also staff member stock compensation all helped. Does America have a business revenue tax obligation issue? Amazon.com is one of the world's most important companies, valued at nearly $800 billion, and also the e-commerce titan drew in $232.9 billion in worldwide income in 2018. As well as yet, Amazon's federal tax obligation expense this year: $0. For the second year straight. As a matter of fact, Amazon is really getting a federal tax refund of $129 million this year, due partly to a combination of tax debts as well as deductions. This is although that Amazon nearly increased its taxable earnings in 2018 to $11.2 billion, from $5.6 billion a year earlier. To put it simply, Amazon.com is basically paying a -1 percent federal earnings tax obligation price this year after reportedly paying a government price of greater than 11 percent in between 2011 and also 2016, according to The Week. Sen. Bernie Sanders, I-Vt., that has actually criticized Amazon.com in the past for not paying higher government tax obligations, took to Twitter to mention that any Amazon.com Prime participant paid even more for that program's yearly fee ($ 119) than the business paid in federal taxes. Prime has 100 million clients. " Amazon.com pays all the tax obligations we are required to pay in the UNITED STATE and every country where we run, consisting of paying $2.6 billion in company tax as well as reporting $3.4 billion in tax cost over the last 3 years," an Amazon spokesperson claimed in a statement provided to CNBC Make It. Amazon.com reported its substantial government refund in a recent company declaring for the business's fourth-quarter revenues record. However, Amazon likewise keeps in mind in that declaring that it will pay $756 million in total taxes this year, between state and international taxes. A record today from the Institute on Taxation and Economic Plan, or ITEP, a detached and also not-for-profit tax obligation plan brain trust, explained the fact that Amazon.com will certainly not pay federal tax obligations for the 2nd year in a row. In fact, in 2015, Amazon received an even bigger reimbursement, obtaining $137 million from the federal government. " Subscribe to CNBC: http://cnb.cx/SubscribeCNBC " Subscribe to CNBC TV: http://cnb.cx/SubscribeCNBCtelevision " Subscribe to CNBC Standard: http://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Key Road' to award winning original documentaries and Truth TELEVISION series, CNBC has you covered. Experience special preview of your favorite programs, special video and also more. Link with CNBC News Online Obtain the most recent information: http://www.cnbc.com/ Comply With CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Adhere To CNBC Information on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC Information on Instagram: http://cnb.cx/InstagramCNBC #CNBC #Amazon #Taxes Exactly How Amazon.com Paid $0 Federal Income Tax in 2018