4 ms·
It's a good point about 50% of profits; that 30% revenue share is crazy - even the government don't attempt to tax businesses on their revenue... Depending on
by andy_ppp 6y ago
It's a good point about 50% of profits; that 30% revenue share is crazy - even the government don't attempt to tax businesses on their revenue...
Depending on the business 30% could make the whole enterprise operate at a loss, for example selling audiobooks or media or other real world products.
- Pelic4n 6y ago>even the government don't attempt to tax businesses on their revenue... Everywhere around the world countries have figured out that was a good idea and have implemented a VAT. Amazon pays more taxes in my country than in the US lmao.
- andy_ppp 6y agoSure so apple is worse than VAT almost everywhere and they aren't the government, a real selling point. I wouldn't be so sure how much amazon is actually paying in tax given their history.