7 ms·
The $1.1 billion isn't profit. They're selling an asset (the .org rights). That transaction should be entirely neutral in terms of profit/loss.
by matt4077 7y ago
The $1.1 billion isn't profit. They're selling an asset (the .org rights). That transaction should be entirely neutral in terms of profit/loss.
- abbadadda 7y agoIn what world are the majority of asset sales untaxed? Look at stocks, bonds, bitcoin, homes, art, gold, silver... All assets and all taxable upon realized gains and losses.
- grenoire 7y agoP&L is the basis for corporate income taxes. There are many other taxes, such as capital gain.
- foobarbazetc 7y agoNah.