Amazon.com Inc. cut its US tax payments significantly last year because of business-friendly provisions included in the giant tax-and-spending law enacted in July, the company said Friday.
Amazon benefited from the law’s provision allowing companies to fully deduct their spending on capital investments upfront, as well as from a change to allow full, immediate expensing of research and development costs, the company said in a statement on its website.
Amazon had $2.8 billion in US cash tax payments in 2025, down from $7.6 billion in 2024, according to figures in its annual report. Current US taxes declined to $1.2 billion ...
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