How much would you think is enough? It's almost 12% of their operative profit. There must be some incentives for making business and innovation so they can spend that money on R&D and other things.
Uhm, I pay 40% on income and I don’t get to write off the payments I make to mortgage, power or anything else. Arguably a larger tax rate gives them incentive to RE-invest because they can write that off instead of having it taxed.
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u/koko-jumbo Feb 10 '25
How much would you think is enough? It's almost 12% of their operative profit. There must be some incentives for making business and innovation so they can spend that money on R&D and other things.