4 ms·

Deprecation, loss, etc. Standard for every company. Is this supposed to be an own or something?

• Frieren 2y ago
  > Standard for every company. That Apple, Google, Amazon, etc do not pay their taxes either makes it worse not better. The rich have accumulated a lot of money, that is killing the economic system. Redistribution of that wealth is needed for the system to continue working, and taxation is part of the solution.
  • jared_mccluskey 2y ago
    All you told me is that you don’t understand how depreciation and loss works. If you lose money, why should that be taxed?
    • oliwarner 2y ago
      They aren't losing money, they're spending it [on themselves]. The problems in taxation come when a company's spending isn't benefitting the area/country or its employees' taxable income. Buying offshore yachts to rent back, sinking money into highly-depreciative assets (eg company cars) that might not be taxed as employee benefits. There's a lot to unpack but the bigger you are, the easier it is to hide a few billion dollars from the national taxation service by hauling it off to another area.
  • tzs 2y ago
    Apple paid income taxes of $10 billion in 2019, $10 billion in 2020, $15 billion in 2021, $19 billion in 2022, $17 billion in 2023, and $30 billion in 2024. Google paid $18 billion in 2024, and Amazon paid $10 billion.