So, even if we take your word that you know a super secret and convoluted way that only billion+ companies can exploit, do you think it supports your argument?
If the law has a loophole, it 's there for a reason. And it 's there because of the government (unless you think you know about and the government is stupid and does not have the resources to know).
These loopholes were added by large corporations in the 60s and then modified and improved later in the 80s.
Yes, Google lobbies for special tax treatments to make them even more competitive than any small business competitor.
I linked you directly to it
I'm not here to teach you accounting... in fact, your denial of this problem makes me think you've never made a red haired cent in SEO. Anyone with a medium sized e-commerce business has likely faced these realities.
It is truly impossible to compete with mega multinational corporations that outsource tons of their staff, avoiding payroll taxes, unemployment taxes, state taxes, and shuffle money to pay a lower effective rate than is even possible within the US (all US businesses must pay a ridiculous 35% federal rate, which only small businesses ACTUALLY pay)
Why is it impossible? Since you lack reading comprehension seemingly:
1) They have large channels for marketing already in place and any small business must establish those same channels or better, with at least 5 times increased efficiency (marketing expenses are a long term tax deduction and are taxed CURRENTLY at 35% for US companies and allowed to be deducted over 5 years! Google just pays for this crap with their offshore holdings and pay 0%)
2) They have paid off every major cell phone company in the world, with free software, OS, etc. Once again, requiring MULTINATIONAL exposure
3) They can shuffle employees worldwide, and pay effectively no taxes on empolyment. Meaning any small business must have between 20-30% greater employee efficiency to compete.
4) Their infrastructure is not taxed currently in the USA, as most of their farms are offshore assets. Meaning that asset, capital gains, passive income generated is taxed at 50% for competitors. So US corporations to compete with them that are small must have AT LEAST a 150% efficiency over their farms.
Worse than this, these are all 5 to 7 year deductions... with no accelerated rates starting next year.
You're ridiculous... I'm not going to teach you accounting for taxes in order to prove the above, just read through ALL of section 26 of the USC
You're right... someone could take over Google's role. They just have to be roughly 500% more efficient? (taking a guess here)
