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A comment on Goodreads was the future of book reviews. Then Amazon bought it. Parent comment

Re:Goodreads was the future of book reviews. Then Amazon bou... by vGPU on Monday July 03, 2023 @02:49PM (#36577279)
Except in reality, the cloud business would “buy” ads from the ad business, and now you have an “expense” despite the fact that the money never went anywhere.

Shuffle here, shuffle there, viola! Tax evasion.

[ Parent | on HN ]
Re:Goodreads was the future of book reviews. Then Amazon bou... by mminer237 on Monday July 03, 2023 @11:34PM (#36581888)
They "buy" the ads only on internal accounting. There's no tax deduction for that. For you to actually recognize an expense, you would also have to recognize the gain.
[ Parent | on HN ]