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23. Re: Activision Blizzard Buys Back Stock Jul 26, 2013, 14:11 Agent.X7
Cutter wrote on Jul 26, 2013, 13:25:
So they have money to buy companies but not pay taxes, eh?

They pay taxes (probably) but international finance is complex. There are PHD programs in it. Essentially international corps pay taxes where they make and bank the money. If they make it in Germany, Germany taxes the income. If they take that money and transfer it to the US, then they pay taxes on the income in the US as well. So, they've now made the money once and paid taxes on it twice.

Of course, I have no sympathy. I make my money, it's taxed when I earn it and taxed when I spend it, and I have no chance in hell of paying negative tax like Coca-Cola or some other giant companies that make billions but somehow get a refund anyway.
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