Re:Startup Economics 101, or, How Long Until We’re Dead?
by anamax on Monday March 21, 2011 @10:35PM
(#2352765)
Note that Google doesn't pay US taxes on profits that it makes overseas and doesn't bring into the US.
Me - I'd like Google to bring that money into the US but can understand why it isn't willing to pay taxes to do so. Many other countries tax repatriated profits differently, so their companies are more willing to bring said profits back to the mothership.
Re:Startup Economics 101, or, How Long Until We’re Dead?
by jbooth on Monday March 21, 2011 @11:35PM
(#2352977)
Well, can we at least agree that the tax code is all kinds of crazy and needs to be reformed, regardless of total revenue take? I thought that was noncontroversial.
Me - I'd like Google to bring that money into the US but can understand why it isn't willing to pay taxes to do so. Many other countries tax repatriated profits differently, so their companies are more willing to bring said profits back to the mothership.