Comment on What the AMPTP is refusing to grant the WGA vs. their profits

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IWantToFuckSpez@kbin.social ⁨1⁩ ⁨year⁩ ago

Revenue 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.

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