this post was submitted on 02 Jan 2024
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Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value (arstechnica.com)
submitted 10 months ago by boem@lemmy.world to c/technology@lemmy.world
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[–] SeaJ@lemm.ee 7 points 10 months ago (2 children)

They changed the rules under the Tax Cut and Jobs Act and losses can be carried forward indefinitely.

[–] HiddenLayer5@lemmy.ml 3 points 10 months ago

Yup of course they fucking did. Can't have corporations paying their fair shares after all, that's a concept as ridiculous as cold fire.

[–] runeko@programming.dev 2 points 10 months ago (1 children)

TIL, thanks

[–] SeaJ@lemm.ee 1 points 10 months ago

Regulatory capture is awesome, isn't it?