Comment on Reddit: Return Of The Junk Stock IPO
blargerer@kbin.social 6 months agoSo, they are likely very poorly managed but, R&D is a common slushfund to keep your profit negative so you don't have to pay taxes.
Comment on Reddit: Return Of The Junk Stock IPO
blargerer@kbin.social 6 months agoSo, they are likely very poorly managed but, R&D is a common slushfund to keep your profit negative so you don't have to pay taxes.
FiskFisk33@startrek.website 6 months ago
which makes sense if the r&d gives return on investment.
otherwise you’d be better off paying tax and taking the profits anyway.
kbin_space_program@kbin.run 6 months ago
R&D is also a fairly big tax break companies can use.