3 ms·

Those are US corporate accounts and absolutely are used as the basis for US taxation. The fact that a corporation can make billions of dollars of profit but no

by derriz 7y ago

Those are US corporate accounts and absolutely are used as the basis for US taxation. The fact that a corporation can make billions of dollars of profit but not have to immediately pay corporation tax on the profit was a quirk of US corporate tax law. Those tax liabilities really do exist. Just because you don't pay tax immediately (say on your salary) doesn't mean you are paying zero tax.

luckylion 7y ago
> Those are US corporate accounts and absolutely are used as the basis for US taxation. And this is about France. Not the US. US taxation doesn't matter to France. It's not their jurisdiction, they don't get a share of it, they cannot influence it. France. not US. France.