eli5: Why can’t businesses right off all business activities on their taxes? 339 viewsJanuary 2, 2024 Question100.55K July 16, 2022 0 Comments If their costs are greater than the tax they pay, how come business can’t effectively pay 0 tax by righting off all these costs as a business expense? In: 0 7 Answers ActiveNewestOldest Anonymous Posted July 16, 2022 0 Comments They do. There is a reason why Amazon isn’t paying tax. They have been operating at a loss for a very very long time. And those loss accumulates and carry forward so they can use that to deduct against tax income in the future You are viewing 1 out of 7 answers, click here to view all answers. Register or Login
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