4 ms·
I don’t understand how profit and r&d are pots for tax losses? Could you clarify what exactly you mean? A great example is Apple/other electronic products in t
by yunohn 5y ago
I don’t understand how profit and r&d are pots for tax losses? Could you clarify what exactly you mean?
A great example is Apple/other electronic products in the EU. They’re just straight up 30% more expensive, which is approximately the extra taxes they incur in EU vs USA.
This includes higher VAT, taxes, and even labor/payroll.