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Let's not forget about sales tax. $4.2B amounted to $630M in taxes. Plus the import tax, which would be another $630M dollars. And then take into account tha
by Steeeve 10y ago
Let's not forget about sales tax. $4.2B amounted to $630M in taxes. Plus the import tax, which would be another $630M dollars.
And then take into account that they have stores and employees and have to pay taxes accordingly. And then there's the investment poured in to generate those entities.
Pretty soon, it looks pretty reasonable that the goverment allows things like this to be structured because otherwise, taxes would be a deterrent for companies looking to enter the market.