snake99899 t1_j9fueae wrote
How is it they have total revenue of $611B but pay only $6B in taxes?! 1%…
IncomeStatementGuy OP t1_j9g65sz wrote
Income tax is on income, not revenue.
Obvious_Chapter2082 t1_j9gcch5 wrote
Their tax is on profit, which was $20 billion
Also, the $6 billion is their income tax expense, which isn’t the same thing as the income tax they actually pay
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