News for hackers. Stuff that matters.

A comment on OpenAI's cash burn will be one of the big bubble questions of 2026. Parent comment

Re:OpenAI's cash burn will be one of the big bubble question... by matkoniecz on Wednesday December 31, 2025 @10:47AM (#46445147)
> What is Amazon doing in country X that should be taxed?

its profits within that country (income minus actual expenses)

in practice expenses are fakely inflated to transfer tax payments top jurisdiction with near-zero taxes

[ Parent | on HN ]
Re:OpenAI's cash burn will be one of the big bubble question... by lotsofpulp on Wednesday December 31, 2025 @11:06AM (#46445356)
How can profit be calculated if a significant component of expenses is intellectual property and brand awareness which was paid for somewhere else?

Amazon can add up the costs to install and operate a datacenter or warehouse in country X, but most of the demand for services from that datacenter or warehouse will be due to expenses incurred in country Y.

[ Parent | on HN ]