In: Accounting
How much did Amazon pay in foreign taxes in 2017? Show how you calculated the foreign taxes What percentage of Amazon's income is United States vs. foreign income?
Answers
The income tax payment by Amazon
Operating Income or Loss |
1,530,000 |
Total Other Income/Expenses Net |
1,025,000 |
Earnings Before Interest And Taxes |
4,649,000 |
Interest Expense |
403,000 |
Income Before Tax |
4,246,000 |
Income Tax Expense |
228,000 |
Income after Tax |
4,018,000 |
B. percentage of its income is United States vs. foreign
The Income from U.S and Forging Country.
Automotive |
|
U.S. |
93,559 |
Non-U.S. |
57,533 |
GM Financial |
|
U.S |
2,549 |
Non-U.S |
2,288 |
Percentage = 57,533 / 93,559 = 61.49% |