Comment on What the AMPTP is refusing to grant the WGA vs. their profits
IWantToFuckSpez@kbin.social 1 year agoRevenue is a better measure. Actual profits is very hard to measure since the numbers are obfuscated. These companies often stash their IP rights in a tax haven under a different company. Like how Apple uses the island of Jersey. End of the year the offshore company sends a massive royalties bill and boom their taxable income is slashed significantly.
average_internet_enjoyer@lemmy.world 1 year ago
“Ah I see now!” said the blind man Seriously though, that makes a lot more sense about why they use revenue instead of net profit