Because the legal department for a corporation is essentially responsible for wiping butts and solving problems.
And now, the legal department at Amazon was no exception.
Just by scrutinizing Lakruwa, he had discovered a wealth of useful information.
For example, in 2017, the IRS's newly revised tax code added a "deprecation tax shield," meaning companies could build warehouses and research centers and use the constructed factories and equipment, among other things, to offset taxes.
As soon as this policy was announced, Amazon immediately started building a large number of factories across various states nationwide and purchasing a massive amount of equipment, a move that brought them rich rewards, the most notable of which was a 40 percentage point tax depreciation.
However, the depreciation tax shield policy was conditional.
