Damus
@[email protected] has moved · 5w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqwyu5tn758hc399kq7z0gcf0s4tqxs8z8rn2me5672pnks4429s2ssnxult I agree with most of that; I think the only interesting point is that people *don't*...
MarjorieR profile picture
@nprofile1q... normal profits?
The big, particularly overseas, companies have well established tricks (such as license fees and transfer prices) to minimise declared UK profits. So why should the general public understand figures that are heavily distorted anyway?

https://social.linux.pizza/deck/@[email protected]/114356686820335404
1
@[email protected] has moved · 5w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqwyu5tn758hc399kq7z0gcf0s4tqxs8z8rn2me5672pnks4429s2ssnxult That's a fair Q.; although actually that sort of profit shifting (tax planning) is largely the preserve of large MNCs, not the bulk of firms in the UK