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Forums - Sony - Sony Australia smacked with $53m tax bill

_crazy_man_ said:
Isn't that like more than their entire Q1 profits?


aha lol but its Aussie dollars so not sure how it converts.



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think-man said:
_crazy_man_ said:
Isn't that like more than their entire Q1 profits?


aha lol but its Aussie dollars so not sure how it converts.


it's around 90cent us per Au dollar. So .... ummm yeah not gonna do the maths on it lol, let me cheat!

53,000,000.00 AUD = 47,620,520.28 USD

there.... I even worked it out and made a table around it... somehow! 47m us dollars. pretty harsh.



Why not check me out on youtube and help me on the way to 2k subs over at www.youtube.com/stormcloudlive

ganoncrotch said:
think-man said:
_crazy_man_ said:
Isn't that like more than their entire Q1 profits?


aha lol but its Aussie dollars so not sure how it converts.


it's around 90cent us per Au dollar. So .... ummm yeah not gonna do the maths on it lol, let me cheat!

53,000,000.00 AUD = 47,620,520.28 USD

there.... I even worked it out and made a table around it... somehow! 47m us dollars. pretty harsh.


But what we dont know is if this loss was already included in the Q1 results or has only just poped up.



think-man said:
ganoncrotch said:
think-man said:
_crazy_man_ said:
Isn't that like more than their entire Q1 profits?


aha lol but its Aussie dollars so not sure how it converts.


it's around 90cent us per Au dollar. So .... ummm yeah not gonna do the maths on it lol, let me cheat!

53,000,000.00 AUD = 47,620,520.28 USD

there.... I even worked it out and made a table around it... somehow! 47m us dollars. pretty harsh.


But what we dont know is if this loss was already included in the Q1 results or has only just poped up.


Given the CEO leaving he probably is in some way responsible so Sony worldwide Heads probably didn't know that this division hadn't been keeping up to date properly on its taxes, I would think the loss wouldn't be included.



Why not check me out on youtube and help me on the way to 2k subs over at www.youtube.com/stormcloudlive

Well that sucks. Oh well, it will show in the next quarter's financial report.



    

NNID: FrequentFlyer54

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ganoncrotch said:
Zappykins said:

Ooopps.


how is neither of the people in your Gif Johnny Knoxville? :D

Well, massive amounts of reative seraching or this isn't 2005 anymore, lol.



 

Really not sure I see any point of Consol over PC's since Kinect, Wii and other alternative ways to play have been abandoned. 

Top 50 'most fun' game list coming soon!

 

Tell me a funny joke!

That's what you call an epic fail in management.