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Big companies don't post profits for tax avoidance reasons. They use various strategies to minimise profits - or ideally operating at a loss, so that they don't
by varispeed 4y ago
Big companies don't post profits for tax avoidance reasons. They use various strategies to minimise profits - or ideally operating at a loss, so that they don't pay tax or very little. They also use this as an argument "look we don't make any money so we can't pay you any more", while at the same time you hear CEO buying themselves another supercar or a beach house.
- bombolo 4y agoI was saying that tying the salary to "how much profit the company makes" makes no sense :D