Re:FTC sues to block Nvidia-Arm merger
by bboreham on Friday December 03, 2021 @06:20AM
(#29428788)
> Doesn't the US government get more tax revenue
As a frequently observed phenomenon, no.
The intellectual property and brand which generate revenue for ARM will be held in some other country, so profits can be directed there and no tax payable in the USA.
As a frequently observed phenomenon, no. The intellectual property and brand which generate revenue for ARM will be held in some other country, so profits can be directed there and no tax payable in the USA.