Re:Facebook fined £50.5m for breaching order in Giphy takeov...
by BiteCode_dev on Wednesday October 20, 2021 @08:07AM
(#28929673)
Because in order to avoid paying taxes, a lot of companies balance books so that no profit emerges.
[ Parent
| on HN ]
Re:Facebook fined £50.5m for breaching order in Giphy takeov...
by robertlagrant on Wednesday October 20, 2021 @10:22AM
(#28930973)
Yes, by paying for things and people. Because that's more valuable than paying taxes.
However, that only works if one's willing to forego paying shareholders dividends (which are paid out of net). Lots of people are not willing to do that.