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When it comes to corporate tax avoidance, the only headlines to take seriously are "Company x paid x amount of tax on x profits". If it says "Company x made x a
by aussieguy123 9y ago
When it comes to corporate tax avoidance, the only headlines to take seriously are "Company x paid x amount of tax on x profits". If it says "Company x made x amount of revenue" or "Company x had x income last year" its not worth reading, companies are taxed on profit, not revenue.
- pas 9y agoThere are some revenue based taxes. (For example municipal corporate taxes in Hungary, about 1% of annual revenue.)