Amazon Would Likely Pay Even More Tax Under Biden Plan

Amazon reported $1.8 billion in current U.S. tax liability for 2020, a departure from the tiny or negative tax costs it posted in prior years. It said a surge in pretax income last year led to the sudden rise in its reported tax expense.Amazon reported $1.8 billion in current U.S. tax liability for 2020, a departure from the tiny or negative tax costs it posted in prior years. It said a surge in pretax income last year led to the sudden rise in its reported tax expense.Read MorePAIDWSJ.com: US Business

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