I'd like to see every mention of companies in the news to include the amount of tax they paid in the last year. So in this case "blah blah blah Amazon($0)".
They just get a rebate on R&D hours invested just like every other company that does software/hardware engineering. People bitching about this should look into their own company's finances because I can almost guarantee their company is filing for that credit.
Is your company paying $0 in net taxes?
Working as intended? The tax code is designed to encourage this kind of reinvestment.
Fair enough, those people depended on Barclays for their livelihood but not quite what people have in mind when they think about the amount of tax a company pays
Anyway, you can just imagine how companies would use that figure rather than corporate taxes
Good idea though
In general, people get annoyed if a company is extremely successful and contributes little in the way of direct taxes.
Companies like Amazon benefit massively from all the tax (infrastructure, education, etc ...) that is paid by other companies and by citizens, yet contribute little directly.
Perhaps, it would be possible to list both separately rather than amalgamated together.
A final point is that, to a greater or lesser extent, big companies must have employees but seemingly get to choose the level of taxation they pay.