Amazon Shareholder Engagement Presentation Deck
Item 12-Shareholder Proposal Requesting Alternative Tax Reporting
Why We Recommend You Vote Against This Proposal
➤ We already report on our tax contributions and other economic contributions in the United States and
many other countries around the world, including the United Kingdom, Italy, France, and Spain
In the United States, for 2021, our tax contributions included $2.3 billion in federal income tax expense; $5.2 billion in federal
taxes that include employer payroll taxes, customs duties, and other taxes and fees; more than $4 billion in state and local taxes of
all types; and $22 billion in sales taxes we collected and remitted on behalf of states and localities throughout the United States
In 2021, we made the decision to consolidate intellectual property (IP) rights, and we now hold our IP in the U.S.
Our U.S. taxes reflect our commitment to investment in innovation, our employees, and our communities
We support corporate tax codes that incentivize investment in the economy and job creation
We believe broadly-applicable requirements, like the country-by-country reporting rules we and other
large companies are already subject to in the U.S. and the upcoming rules in the European Union, are a
better approach than a company releasing in isolation information under the prescriptive granularity of
the GRI Tax Standard's reporting. Contrary to the proponent's statement, we believe the GRI Tax Standard
requires going well beyond simply releasing country-by-country reporting and would potentially force
disclosure of competitively sensitive information about our operations and cost structures and would
hamper our ability to make operational decisions
Proponent: Missionary Oblates of Mary Immaculate / OIP Investment Trust - U.S Province
amazon
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