3 ms·

Read this http://www.bloombergview.com/articles/2015-12-02/yahoo-is-looking-for-a-new-way-around-alibaba-taxes http://www.bloombergview.com/articles/2015-12-02

by xenihn 11y ago

Read this http://www.bloombergview.com/articles/2015-12-02/yahoo-is-looking-for-a-new-way-around-alibaba-taxes http://www.bloombergview.com/articles/2015-12-02/yahoo-is-lo... "But what is much more shameful is that the whole point of Yahoo as a company right now is to not pay taxes on Alibaba. I realize that seems a bit hyperbolic, but just look at those numbers. Those Alibaba taxes are worth at least two and a half times the value of Yahoo's entire business. If there was a way to avoid paying taxes on the Alibaba shares that involved burning all of Yahoo's actual businesses to the ground, Yahoo should do that all day long, and then do it again the next day. It would still add shareholder value."

fredkbloggs 11y ago
If that's shameful, who should be ashamed? - Yahoo's current management, for pretending there's anything to save? - Yahoo's past management, for blowing their phenomenal brand equity? - Yahoo's employees, for sticking around? - Yahoo's investors, for owning this dog despite knowing the situation when they bought it? - Congress, for having a braindead tax code? - The press, for continuing to publish countless stories about a company that hasn't been relevant for at least a decade? - Us, for continuing to read and comment on them? - Someone else?
- hitekker 11y ago
  We could also blame everyone's parents for having the poor foresight of birthing the people responsible. /s (because there's always that person without a sense of humor)