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> The agency is using real-world profit data to challenge how big companies value offshore intellectual property. https://archive.ph/2026.02.24-124153/https://
by mitchbob 8mo ago
> The agency is using real-world profit data to challenge how big companies value offshore intellectual property.
https://archive.ph/2026.02.24-124153/https://www.nytimes.com/2026/02/24/business/irs-meta-corporate-taxes.html https://archive.ph/2026.02.24-124153/https://www.nytimes.com...
- notyourwork 8mo agoProbably less about tax revenue and more about the executive branch squeezing tech companies to assert influence.
- ambicapter 8mo agoI doubt the current executive branch has enough brain trust to understand these sort of tactics.
- lenerdenator 8mo ago"Trump's stupid" is how we got here. You don't need to be smart to get where he is. You just have to have the willingness to engage in shady business practices, have enough money to outlast opponents in a courtroom, and exist in a society where there's no real pressure on people who do those things.
- bonsai_spool 8mo ago> Probably less about tax revenue and more about the executive branch squeezing tech companies to assert influence. Absolutely not about this, as is clearly reported in the linked article.
- notyourwork 8mo agoBecause the article said so? That’s your rationale for saying the executive branch isn’t weaponizing the rest of government offices for their own influence and benefit. Sorry, color me unconvinced until this administration shows good faith.
- bonsai_spool 8mo ago> Because the article said so? Because... the article clearly says the case began under the FORMER administration, and goes further to say that it's not clear whether the CURRENT administration is going to drop the case.
- ryandrake 8mo agoAm I the only one who thinks it's totally bonkers that a lawsuit can outlast a 4 year presidential administration? I mean, I get it, court cases can be complex, but what on earth could they be continuously doing for four years? I would love to see an hour by hour accounting of the time actually spent by humans on a case like this. My guess is that it's like a poorly run software project: mostly empty, where Person X is blocked waiting on the output of Person Y for weeks, and so on.
- bonsai_spool 8mo ago> Am I the only one who thinks it's totally bonkers that a lawsuit can outlast a 4 year presidential administration? I take it you've never been party to a civil lawsuit between business entities or with the government.
- gamblor956 8mo agoWhen I was still at a firm, several of our clients were fighting off investigations related to the Bermudan loss harvesting scheme that started in the 1980s. The investigations started in 2003 and weren't resolved until 2013.
- helterskelter 8mo agoThis is the nature of any non-trivial litigation. It can take a long time just to source all the records of what's being argued over, then it takes a long time to argue over what's allowed, then a long time to argue what all of it means, then a long time to argue over which laws, jurisdictions and precedents apply, then a long time to figure out when the judge (who is juggling >1000 cases) can fit you in, then your legal counsel is on vacation, then the complaint gets amended and you have to reevaluate everything you've been fighting over for the past half decade, repeating much of the above, then opposition replaces their counsel (that's a 60 day pause), then the judge dies from old age, and then finally everybody forgets about it because space has expanded so much since you started the case that nobody can communicate anymore and the universe is going into heat death. Kafka was trained as an attorney, after all.
- btown 8mo ago[flagged]
- erikerikson 8mo agoFrom your link: > The Wikipedia guidance points out that the Internet Archive and its website, Archive.org, are “uninvolved with and entirely separate from archive.today.” [ERROR] Isn't archive.ph associated with .org? [EDIT] ERROR tag added. In fact, it is not, thanks to replies for fixing my ignorance.
- deleted 8mo ago[deleted]
- Choco31415 8mo agoArchive.today has several aliases including archive.ph, but archive.org is managed by the Internet Archive and unassociated.
- erikerikson 8mo agoThank you for correcting my knowledge gap.
- loeg 8mo ago> Isn't archive.ph associated with .org? No. > Guidance published as a result of the decision asked editors to help remove and replace links to the following domain names used by the archive site: archive.today, archive.is, archive.ph, archive.fo, archive.li, archive.md, and archive.vn.
- palmotea 8mo ago> Worth noting that this archive site has allegedly manipulated snapshotted content Are you claiming this link was manipulated? Because otherwise that's irrelevant to this discussion. IIRC, the archive.today has a grudge against someone trying to figure out their identity, and the manipulations and other shady behavior have been solely focused on that person.
- forgotaccount3 8mo agoMy only concern here is that it's using ex post facto information to try to dispute earlier assessments. If I 'moved' some AI 'patents' to another country 5 years ago and stated they were worth $x using some formula and now some years later the government steps in and says 'No no no, you earned $x + $y and lied on the original value which should have represented the discounted future income!' that's not disputing the formula used in the original point. It's just that 5 years ago people underestimated how far and how valuable AI would be.
- seanhunter 8mo agoSure but if that’s the case there should be some tax on the mark to market difference. If not it’s just straight up tax fraud (which I suspect is often actually the case).