Amazon's Income Tax Expense: Higher Than You Think

Updated's income tax expense has been rising recently, and despite a relatively tax-efficient first quarter of 2013, the company is seeing a significantly higher tax expense than its peers as a trend over several of its most recent business quarters. In the accompanying video, Fool contributor Asit Sharma explains what's driving Amazon's income tax expense, an overlooked aspect of the company's income statement. This is the second in a series of articles examining Amazon's lofty valuation; you can check out the first article here.

Want further guidance on Amazon?
Everyone knows Amazon is the king of the retail world right now, but at its sky-high valuation, most investors are worried it's the company's share price that will get knocked down instead of competitors'. The Motley Fool's premium report will tell you what's driving the company's growth, and fill you in on reasons to buy and reasons to sell Amazon. The report also has you covered with a full year of free analyst updates to keep you informed as the company's story changes, so click here now to read more.

The article Amazon's Income Tax Expense: Higher Than You Think originally appeared on

Fool contributor Asit Sharma has no position in any stocks mentioned. The Motley Fool recommends and eBay. The Motley Fool owns shares of and eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Originally published