DarkNight_DS on 25 January 2008
| thx1138 said: @DarkNight_DS, Sorry MS reported all segments with just Operating Income they are not trying to hide anything. Would there be taxes on the $357 million? Yes, but the taxes would not be higher than the income. Believe that the Top Federal Tax Rate for Corporations is 35% so taxes would be roughly $357million multiplied by .35. Still a healthy profit. |
So what you are trying to say is that a company that loses money doesn't get taxed?
Prepare for termination! It is the only logical thing to do, for I am only loyal to Megatron.
