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What taxes did the non-profit skirt? All the sources I can find say that the revenue of ChatGPT was through the for-profit division, and that they’ve been payi

What taxes did the non-profit skirt? All the sources I can find say that the revenue of ChatGPT was through the for-profit division, and that they’ve been paying taxes on all their revenue. Is there some other tax that they’ve avoided paying?

verdverm 1y ago
Sales & property, see my nearby comment for links
- khazhoux 1y ago
  Oh shit, the company that revolutionized AI didn’t pay their fair share of SF property taxes. Now I understand the outrage!
  - dumbledoren 1y ago
    It doesnt matter what kind of tax they didnt pay. They SHOULD pay tax. Otherwise this makes it a loophole for private companies to dump research & development costs on the taxpayer but reap all the profits.
    - Esophagus4 1y ago
      Huh? The loophole is already there. Everything of their restructuring was signed off on by multiple states’ attorneys general. And their for-profit entity pays taxes like any other company. Making them pay tax on stuff they did while a non-profit is making up laws on the fly - a strong, rule-of-law-based system is critical for the US to function properly. You can’t just arbitrarily make decisions based on what you think should happen because it’s fair or unfair. If you want OpenAI to pay back taxes, you need to change the laws first.
      - verdverm 1y ago
        The issue is not the laws. The issue is that OpenAI mislead officials and externalized costs on the taxpayer.The extent to which this happened should be looked into by professionals. It's not about changing the laws, it's about enforcing the ones we have fairly. Too many orgs and companies buy politicians, and now ballrooms for them
        Esophagus4 1y ago
        What law was not enforced?
        verdverm 1y ago
        People who are experts should look into it and let us know (i.e. an investigation) I would not trust the corporations and politicians to be forthcoming or transparent on this

verdverm 1y ago

Sales & property, see my nearby comment for links

khazhoux 1y ago
Oh shit, the company that revolutionized AI didn’t pay their fair share of SF property taxes. Now I understand the outrage!
- dumbledoren 1y ago
  It doesnt matter what kind of tax they didnt pay. They SHOULD pay tax. Otherwise this makes it a loophole for private companies to dump research & development costs on the taxpayer but reap all the profits.
  - Esophagus4 1y ago
    Huh? The loophole is already there. Everything of their restructuring was signed off on by multiple states’ attorneys general. And their for-profit entity pays taxes like any other company. Making them pay tax on stuff they did while a non-profit is making up laws on the fly - a strong, rule-of-law-based system is critical for the US to function properly. You can’t just arbitrarily make decisions based on what you think should happen because it’s fair or unfair. If you want OpenAI to pay back taxes, you need to change the laws first.
    - verdverm 1y ago
      The issue is not the laws. The issue is that OpenAI mislead officials and externalized costs on the taxpayer.The extent to which this happened should be looked into by professionals. It's not about changing the laws, it's about enforcing the ones we have fairly. Too many orgs and companies buy politicians, and now ballrooms for them
      - Esophagus4 1y ago
        What law was not enforced?
        verdverm 1y ago
        People who are experts should look into it and let us know (i.e. an investigation) I would not trust the corporations and politicians to be forthcoming or transparent on this