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Having worked for Fortune 50's for most of my life, I'm not optimistic about that law. There are so many ways to adjust accounting that it is just amazing. And
by MrTonyD 11y ago
Having worked for Fortune 50's for most of my life, I'm not optimistic about that law. There are so many ways to adjust accounting that it is just amazing. And every company uses many offshores these days - they provide services and costs to get profits offshore. And they provide "services" that can be classified in any way they want. Really, that law sounds like just another deception for the masses who don't really understand how the system works for the rich.
- EliRivers 11y agoOn a related tangent, I am reminded that the extraordinarily successful Harry Potter series of movies made a loss on paper. As you suggest, these people laugh in the face of the law.