4 ms·

Should this be measuring against profit, not revenue? Edit: "This" meaning the claim that they've made enough to pay back fines, not how those fines are decide

• shanehoban 3y ago
  If the fines would impact profits in a significant way, the companies would just ensure they have no profit on paper going forward.
  • bko 3y ago
    I didn't know companies can just ensure they have no profit on paper. Why don't they do that now and not pay corporate taxes? Why is it dependent on fines?
    • fifteen1506 3y ago
      No clue on your specific question. However it is a known practice. Most Hollywood studios do it. That's why actors which claimed a percentage of profits of the movie would get $0.
      • waffleiron 3y ago
        https://en.wikipedia.org/wiki/Hollywood_accounting https://en.wikipedia.org/wiki/Hollywood_accounting Handy wikipedia link
      • deleted 3y ago
        [deleted]