I think they still have loss carryforwards, they didn't make money for several y... | Hacker News

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		DimitriPetrova on Jan 19, 2023 \| parent \| context \| favorite \| on: Amazon Closing AmazonSmile I think they still have loss carryforwards, they didn't make money for several years initially

Retric on Jan 19, 2023 [–]

They where profitable and paid net taxes in 2016 and where hugely profitable yet paid zero taxes in 2017, 2018, and 2019. So I don’t see how this could be loss carry forward offsetting a several billion dollar annual tax bill for 4+ years.

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