Amazon, Berkshire Hathaway Could Be Among Top Payers of New Minimum Tax

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Amazon, Berkshire Hathaway Could Be Among Top Payers of New Minimum Tax
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A handful of companies, including Amazon, would have paid half of the estimated $32 billion a new corporate tax would have generated if it had been in effect last year

WASHINGTON—A handful of large companies, such as Berkshire Hathaway Inc. and Amazon.com Inc.

, could bear most of the burden from a 15%Researchers at the University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if the tax had been in place last year.fewer than 80 publicly traded U.S. companies would have paid any corporate minimum tax in 2021, and just six—including Amazon and Warren Buffett’s conglomerate—would have paid half of the estimated $32 billion in revenue the levy would have generated.

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