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A comment on The public has a right to know how companies that pay no taxes pull it off.

Re:The public has a right to know how companies that pay no ... by afrojack123 on Tuesday November 03, 2020 @04:09AM (#24977851)
I see so many posts that have the wrong idea. So many of our politicians and lobbyists are former lawyers. Even the accountants are in on it. The laws are written to be purposely complicated so mega corporations keep smaller entrepreneurs down and lawyers/accountants big fees for knowing the rules inside out(they wrote them).

Why do you think large companies give stock options as compensation instead of straight cash. It is to avoid taxes.

The average American has one source of income a W2. A simple tax filing. Next time you do your tax filing, look at the questions TurboTax or FreeTaxUSA asks you and then look at the offical government tax doc(this is what gets filled out with your answers).

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Re:The public has a right to know how companies that pay no ... by sokoloff on Tuesday November 03, 2020 @09:07AM (#24979740)
Most large companies have transitioned to giving shares (RSUs) rather than stock options (NQSOs in the case of large companies) for non-executives. Compliance risks/costs are lower and payouts to employees are more predictable (and therefore valued more highly by employees).
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