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Amazon.com Inc. Amazon.com Inc. faces increasing scrutiny over its tax planning strategies and corporate governance practices. As a seasoned cost accountant, you are tasked with

Amazon.com Inc. Amazon.com Inc. faces increasing scrutiny over its tax planning strategies and corporate governance practices. As a seasoned cost accountant, you are tasked with analyzing the ethical and financial implications of multinational corporations engaging in aggressive tax avoidance practices. With total income before taxes amounting to $3,200,000 last year, calculate the income tax expense for Amazon considering the corporate tax rate of 25%. Delve into the role of cost accountants in ensuring compliance with tax regulations and ethical standards, proposing measures to enhance transparency and accountability in Amazon's tax reporting practices. Draw parallels with real-world case studies and regulatory frameworks to support your recommendations.

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