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A comment on Netflix Made Record Profits in 2020, Paid a Tax Rate of Less Than 1 Percent.

Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by mmd45 on Monday April 05, 2021 @07:51AM (#26697818)
most of the replies here are yawning at offseting profit with expenses. my reading seems to indicate that ISOs can be used to effectively convert corp tax/ordinary income to capital gains. is this correct?
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Re:Netflix Made Record Profits in 2020, Paid a Tax Rate of L... by sreeramb93 on Monday April 05, 2021 @08:30AM (#26698111)
Yes, ISOs are for employees and very good ones.

US subsidiaries in India do not offer ISO stock and ask us to pay 30% per requisite tax on unfair market valuations

[ Parent | on HN ]