kingthrillgore to Technology@lemmy.worldEnglish • 1 year agoReddit: Return Of The Junk Stock IPOwww.forbes.comexternal-linkmessage-square147fedilinkarrow-up1687
arrow-up1687external-linkReddit: Return Of The Junk Stock IPOwww.forbes.comkingthrillgore to Technology@lemmy.worldEnglish • 1 year agomessage-square147fedilink
minus-squareblargererlinkfedilink35•1 year 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.
minus-square@FiskFisk33@startrek.websitelinkfedilinkEnglish17•1 year agowhich makes sense if the r&d gives return on investment. otherwise you’d be better off paying tax and taking the profits anyway.
minus-squarekbin_space_programlinkfedilink2•1 year agoR&D is also a fairly big tax break companies can use.
So, 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.
which makes sense if the r&d gives return on investment.
otherwise you’d be better off paying tax and taking the profits anyway.
R&D is also a fairly big tax break companies can use.