patrick.net

SFace says

My source is my knowledge from reading thousand's of 10K's, undertand how business and corporate structuring works in careers that look closely in these things in client service, and M&A.

My suggestion is go work for a big corporation.. SF based SalesForce, Oracle, or McKesson. Nothing like real life experience know the processes and the people actually doing the work.

"Neither corporations nor the government make tax returns public, and the information most companies disclose in their regulatory filings is insufficient to determine how much they pay in federal taxes and how that compares to the official United States corporate rate of 35 percent." - David Kocieniewski

SFace says

I also sleep with someone that deals with this stuff. What the NYT descrribe is dead on accurate.

I banged enough accounting pussy, but we never talk about shop!

thomas.wong1986 says

your source in the NYT.. not what he writes about as FACTS! Its all politics

You are the best tap dancer I've seen since Fred Astaire in "Puttin on the Ritz". The question stands, where are all the rebuttals for the NYT article, or for earlier articles in Forbes, WSJ, and The Economist about the exact same accounting practices. How has the entire world missed all these political stories that are non facts in such major publications? Why don't you rebut the story in detail.

thomas.wong1986 says

your source in the NYT.. not what he writes about as FACTS! Its all politics

You are the best tap dancer I've seen since Fred Astaire in "Puttin on the Ritz". The question stands, where are all the rebuttals for the NYT article, or for earlier articles in Forbes, WSJ, and The Economist about the exact same accounting practices. How has the entire world missed that these were only political stories that are non facts in such major publications? Why don't you rebut the story in detail.

bob2356 says

How has the entire world missed all these political stories that are non facts in such major publications? Why don't you rebut the story in detail.

they are journalists... surely they must have spoken or can get info from public accounting firms tax advisors and publish it.

but that would kill the political goals of the left.

Had there been something shady going on.. the IRS, SEC, and foreign Revenue (tax) authority would be all over this... like a pack of wolves.. where is my money?

thomas.wong1986 says

I banged enough accounting pussy, but we never talk about shop!

I'm going to have to go with Thomas Wang on this one. By the transmissitive property of accounting rules, he must have caught a knowledge outbreak by now.