Quote:
Originally Posted by Osem
I don't know anyone who pays more tax than they have to. Fact remains that without profits there is no tax at all so those who quite like it when companies announce losses might like to focus on that.  |
That is the point the loopholes mean they have to pay less than they should do. And you do realise that most the time when they talk about losses they do not actually mean losses they mean they took that much less than they thought.. No company that reports losses of millions would be in business if it actually meant they made less than nothing/Losses on paper as it were. It is all artificial