Fast Forword Business

This photo is credited by thinkmarketingmagazine.com Amazon is not only one of the most powerful start-up grown in a very small time but it also made JEFF BEZOS a member of top 10 billionaires in the whole world. Amazon is the company which legally avoids the federal taxes in America till 2018. Let's know how they did this and analyze how good these methods are. Well, the year of 2019 was not that good for Amazon because of the controversy between Jeff Bezos and New York times that affect the growth of Amazon and it seems to down 20% in comparison to last year. But the year 2018 was the best year of Amazon so far as it doubled its profit to $11.16 billion with Zero taxes given. Tricks Amazon used so save taxes Well, Amazon is a reducing the taxes by the process of deduction but it is different from us. Amazon has 3 different categories in which he deducts the Taxpayers. Research and Development Tax Credit This is the first and very effective way o...

As we all know that Amazon, who have perfectly dominated the US e-comers market as well as spread almost all over the world, have jumped with a large growth rate In 2018 from almost 5 billion to 10 billion. What is the reason behind it? Amazon has the largest market share in e-comers platform but in the first half of 2016 it started a new kind of service and that is Amazon AWS, What is a new kind of cloud solution division which is the comprised of a huge networking of servers to process, and store the large data that helps companies to work online efficiently. Amazon AWS service The cloud service used to give the full air space to different companies like Netflix, help. Amazon AWS charges on the basis of the volume, features, services they use. This makes Amazon a combination of e-comers and the cloud service providing company. In the first quarter of 2018, it grows over 49% and it generated revenue of $1.4b. It also started giving services like SAP and all so we can see it h...