What is Amazon's Marginal Tax Rate?

Solutions

Expert Solution

Well as per the regulatory filings data on a

Consolidated basis total taxes paid by amazon last FY

Taxes = 162million.

Annual profits reported were = 13billion.

so we get a marginal tax rate of = 162/13000 = 0.01246

or 1.246%

jeff jeffy answered 2 years ago

Next > < Previous

Related Solutions

A) What is the difference between the marginal tax rate and the average tax rate? What...

A) What is the difference between the marginal tax rate and the average tax rate? What is the difference between the statutory tax rate and the effective tax rate? Explain. B) Compare and contrast tax deductions and tax credits in terms of both efficiency and vertical equity. C)Is it possible for the government to impose a tax that causes the market price of the good to fall? Explain.

What is Walmart's current marginal tax rate with calculations?

What is the difference between average tax rate and the marginal tax rate? Which one should...

What is the difference between average tax rate and the marginal tax rate? Which one should we use in calculating incremental after-tax cash flows?

If the marginal tax rate is less than the average tax rate, the tax system is?...

If the marginal tax rate is less than the average tax rate, the tax system is? a. proportional b. flat c. regressive d. progressive

Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the...

Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases. Use the appropriate 2019 Tax Tables and Tax Rate Schedules. Married taxpayers, who file a joint return, have taxable income of $89,889. Married taxpayers, who file a joint return, have taxable income of $61,229. Tax Liability Marginal Tax Rate Average Tax Rate A. _________ _____________ % ______________ % B. _________ _____________ % ______________ %

Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the...

Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases. Use the appropriate 2019 Tax Tables and Tax Rate Schedules. Single taxpayer, taxable income of $38,862. Single taxpayer, taxable income of $89,889. Tax Liability Marginal Tax Rate Average Tax Rate A. _________ _____________ % ______________ % B. _________ _____________ % ______________ %

Determine the average tax rate and the marginal tax rate for each of the following instances:...

Determine the average tax rate and the marginal tax rate for each of the following instances: (Use the Tax Tables for taxpayers with taxable income under $100,000 and the Tax Rate Schedules for those with taxable income above $100,000. Round "Average tax rate" to 1 decimal place.) Use the appropriate Tax Tables or Tax Rate Schedules. A married couple filing jointly with taxable income of $47,302. A married couple filing jointly with taxable income of $208,779. A married couple filing...

Explain the computation of, and the relevance of, the following: Marginal Tax Rate Average Tax Rate...

Explain the computation of, and the relevance of, the following: Marginal Tax Rate Average Tax Rate Effective Tax Rate

Is an increase in the marginal income tax rate reflected by a shift in the after-tax...

Is an increase in the marginal income tax rate reflected by a shift in the after-tax supply of labor or a movement along the supply curve when the pretax wage rate is on the vertical axis? Explain your answer. 1. A shift in the supply curve. An increase in the marginal tax rate reduces wages, so workers will need to increase the number of hours they work at every wage rate. 2. A shift in the supply curve. An increase...

a corporation with a marginal tax rate 34 percent would receive what after tax dividend yeild...

a corporation with a marginal tax rate 34 percent would receive what after tax dividend yeild on a 12 percent coupon rate preferred stock bought at par asuming a 70 percent dividend exclusion

Subjects