▲ 676 ▼ Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value (arstechnica.com) submitted 2 years ago by boem@lemmy.world to c/technology@lemmy.world 74 comments fedilink hide all child comments
[–] technicalogical@lemmy.world 5 points 2 years ago (1 child) Can these measurements be used as losses to offset taxes? permalink fedilink source parent hideshow 2 child comments replies: [–] runeko@programming.dev 4 points 2 years ago (1 child) Typically, losses in one year can be used to offset profits in following years, but not indefinitely... maybe three years tops IIRC. But that would mean the company would have to become very, very profitable profitable, which is doubtful. permalink fedilink source parent hideshow 2 child comments replies: [–] SeaJ@lemm.ee 7 points 2 years ago (2 children) They changed the rules under the Tax Cut and Jobs Act and losses can be carried forward indefinitely. permalink fedilink source parent hideshow 4 child comments replies: [–] HiddenLayer5@lemmy.ml 3 points 2 years ago Yup of course they fucking did. Can't have corporations paying their fair shares after all, that's a concept as ridiculous as cold fire. permalink fedilink source parent [–] runeko@programming.dev 2 points 2 years ago (1 child) TIL, thanks permalink fedilink source parent hideshow 2 child comments replies: [–] SeaJ@lemm.ee 1 point 2 years ago Regulatory capture is awesome, isn't it? permalink fedilink source parent
[–] runeko@programming.dev 4 points 2 years ago (1 child) Typically, losses in one year can be used to offset profits in following years, but not indefinitely... maybe three years tops IIRC. But that would mean the company would have to become very, very profitable profitable, which is doubtful. permalink fedilink source parent hideshow 2 child comments replies: [–] SeaJ@lemm.ee 7 points 2 years ago (2 children) They changed the rules under the Tax Cut and Jobs Act and losses can be carried forward indefinitely. permalink fedilink source parent hideshow 4 child comments replies: [–] HiddenLayer5@lemmy.ml 3 points 2 years ago Yup of course they fucking did. Can't have corporations paying their fair shares after all, that's a concept as ridiculous as cold fire. permalink fedilink source parent [–] runeko@programming.dev 2 points 2 years ago (1 child) TIL, thanks permalink fedilink source parent hideshow 2 child comments replies: [–] SeaJ@lemm.ee 1 point 2 years ago Regulatory capture is awesome, isn't it? permalink fedilink source parent
[–] SeaJ@lemm.ee 7 points 2 years ago (2 children) They changed the rules under the Tax Cut and Jobs Act and losses can be carried forward indefinitely. permalink fedilink source parent hideshow 4 child comments replies: [–] HiddenLayer5@lemmy.ml 3 points 2 years ago Yup of course they fucking did. Can't have corporations paying their fair shares after all, that's a concept as ridiculous as cold fire. permalink fedilink source parent [–] runeko@programming.dev 2 points 2 years ago (1 child) TIL, thanks permalink fedilink source parent hideshow 2 child comments replies: [–] SeaJ@lemm.ee 1 point 2 years ago Regulatory capture is awesome, isn't it? permalink fedilink source parent
[–] HiddenLayer5@lemmy.ml 3 points 2 years ago Yup of course they fucking did. Can't have corporations paying their fair shares after all, that's a concept as ridiculous as cold fire. permalink fedilink source parent
[–] runeko@programming.dev 2 points 2 years ago (1 child) TIL, thanks permalink fedilink source parent hideshow 2 child comments replies: [–] SeaJ@lemm.ee 1 point 2 years ago Regulatory capture is awesome, isn't it? permalink fedilink source parent
[–] SeaJ@lemm.ee 1 point 2 years ago Regulatory capture is awesome, isn't it? permalink fedilink source parent