Brian Faler / Politico:

Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill  —  The 87 percent drop is largely due to a more generous depreciation break in the ‘One Big Beautiful Bill Act.’

Brian Faler / Politico:

Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill  —  The 87 percent drop is largely due to a more generous depreciation break in the ‘One Big Beautiful Bill Act.’

Source: TechMeme
Source Link: http://www.techmeme.com/260206/p16#a260206p16