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© 2011 AFPYahoo! might trim stake in Alibaba
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The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2011 AFP
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ItsMe
Now this to me seems to be a problem. How is it that companies can sell off assets, make money off of these assets, but not have to pay any government any taxes on it? Big business along with their friends at Big Finance are at the magic again!
timtak
If a restaurant uses $100 cash in had to purchase steak one month, and then switches to purchasing beefburgers at $20 the next, then that reduction in self-investment, will free up $80 dollars of capital that can be distributed to the shareholders. The business has not made any money, and would not have to pay any tax. The shareholders might and so, generally, will Yahoo shareholders but, seen the same way as a reduction in self-investment, Yahoo will not have made any money and will not have to pay tax.