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While tax deductions reduce your taxable income, tax credits can directly put money back in your pocket at tax time. Amazon receives tax credits for research and development (R&D) on new products and services such as Alexa, Amazon Go and on technologies like computer vision. According to Fact Set data reported by Recode, Amazon spent $22.6 billion on R&D in 2017, which is more than any other U.S.
09/09/2021
https://m.youtube.com/watch?v=7BEC8PKqFNE
SPOTLIGHT ON BUSINESS: How Tax Credits Can Impact Your Business What is a tax credit and how does it help your business? In today’s Spotlight On Business, we spoke to an expert to find out. Please WATCH & SHARE. ...
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