Tax

Income Tax Penalties and Interest

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate

How to read this metric

An increase suggests higher tax audit risk or past tax positions that were deemed incorrect by authorities.

Detailed definition

Includes the interest and penalties accrued or paid in relation to income tax examinations and audits. This reflects the...

Peer comparison

Reported by most large corporations within the tax provision or operating expense notes.

Metric ID: amzn_tax_penalties_and_interest

Frequently Asked Questions

What does income tax penalties and interest mean?
The additional costs incurred from tax authorities due to interest and penalties on tax audits.