Technology

59605 readers

4225 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

680

Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value (arstechnica.com)

submitted 10 months ago by boem@lemmy.world to c/technology@lemmy.world

75 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] technicalogical@lemmy.world 5 points 10 months ago (1 children)

Can these measurements be used as losses to offset taxes?

[–] runeko@programming.dev 4 points 10 months ago (1 children)

Typically, losses in one year can be used to offset profits in following years, but not indefinitely... maybe three years tops IIRC. But that would mean the company would have to become very, very profitable profitable, which is doubtful.

[–] SeaJ@lemm.ee 7 points 10 months ago (2 children)

They changed the rules under the Tax Cut and Jobs Act and losses can be carried forward indefinitely.

[–] HiddenLayer5@lemmy.ml 3 points 10 months ago

Yup of course they fucking did. Can't have corporations paying their fair shares after all, that's a concept as ridiculous as cold fire.

[–] runeko@programming.dev 2 points 10 months ago (1 children)

TIL, thanks

[–] SeaJ@lemm.ee 1 points 10 months ago

Regulatory capture is awesome, isn't it?