dstieger wrote:I haven't heard or read any of this yet....but I'm surprised that any person or company has already reaped rewards from the tax bill....not impossible, I suppose, but what, in the bill was retroactive?
I have no idea, just quoting the article.
Here’s what Amazon had to say in its U.S. Securities and Exchange Commission filing:
"Our provision for income taxes in 2017 was lower than in 2016 primarily due to excess tax benefits from stock-based compensation and the provisional favorable effect of the 2017 Tax Act, partially offset by an increase in the proportion of foreign losses for which we may not realize a tax benefit and audit-related developments."