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Facebook tells US tax bods: Swear to God, we were only worth $6.5bn in 2010 because we were menaced by... MySpace and smartphones

Anonymous Coward
Anonymous Coward

But they say they pay all the tax they legally owe. Facebook wouldn't lie to us! :O

Companies always say this. And always end up having to come to tax settlements with tax authorities to pay tax that they owed.

At some point, don't you start to suspect that companies like Facebook, Apple, Amazon, Google etc don't actually pay all the tax they legally owe. They constantly refuse to pay the tax they owe, they do everything in their power to artificially arrange things such that they pay as little as possible.. and *STILL* cheat on top of that.

Wow.

Do you think it's because cheating actually pays? That they think they can get away with simply flat out lying about paying their tax, while paying armies of accountants and lawyers to contrive schemes that even worst case, when they get caught, will get off with a no admission of liability deferred prosecution agreement with pennies on the dollar paid out in fines.

No i'm not fucking cynical, because this is EXACTLY how reality operates

Oh and if any of them do go to jail, yeah long shot obviously what with those deferred prosecution agreements, Trump'll just pardon them.

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