Lee Duna@lemmy.nz to Technology@beehaw.orgEnglish · 11 months agoMicrosoft in $29bn back taxes dispute in USwww.bbc.comexternal-linkmessage-square9fedilinkarrow-up185arrow-down10
arrow-up185arrow-down1external-linkMicrosoft in $29bn back taxes dispute in USwww.bbc.comLee Duna@lemmy.nz to Technology@beehaw.orgEnglish · 11 months agomessage-square9fedilink
minus-squarefunkajunk@lemm.eelinkfedilinkEnglisharrow-up19·edit-211 months agoM$ is worth ~$2.5T They can afford to not give a fuck about $29B, but you just know they aren’t going to pay that full amount in the end.
minus-squareBuelldozer@lemmy.todaylinkfedilinkarrow-up13·11 months ago29 Billion represents roughly 20% of their annual Gross Profit. That’s a serious chunk of change, even for them.
minus-squarecygnus@lemmy.calinkfedilinkarrow-up10·11 months agoTheir market cap isn’t really relevant, it’s not like that “value” is accessible to them, much less usable to pay their bills.
minus-squaretreble@beehaw.orglinkfedilinkarrow-up5·11 months agoOhh no not this money, this is set aside for buying every other corporation ever.
minus-squareLaLiLuLuCo@lemmy.calinkfedilinkarrow-up1·11 months agoThey can actually issue stock at the market rate to finance shit.
M$ is worth ~$2.5T
They can afford to not give a fuck about $29B, but you just know they aren’t going to pay that full amount in the end.
29 Billion represents roughly 20% of their annual Gross Profit. That’s a serious chunk of change, even for them.
Their market cap isn’t really relevant, it’s not like that “value” is accessible to them, much less usable to pay their bills.
Ohh no not this money, this is set aside for buying every other corporation ever.
They can actually issue stock at the market rate to finance shit.