Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill (Brian Faler/Politico)

Brian Faler / Politico: Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill   —  The 87 percent drop is largely due to a more generous depreciation break in the ‘One Big Beautiful Bill Act.’