Hmm... Looks like you're right.
How do they manage to pay zero taxes then? I thought AMT assumes that once you're beyond a certain level of income, your lose most deductions and essentially pay a certain percent of the income.
How do they manage to pay zero taxes then? I thought AMT assumes that once you're beyond a certain level of income, your lose most deductions and essentially pay a certain percent of the income.
An org that invests all their margin into growth doesn't pay (as much) tax.
The best way though is to create an offshore subsidiary, and then have the subsidiary invoice the main office for "services" or "IP licensing". The invoice becomes a cost and is deducted from revenue. "Everyone" (all the big players) do things like that. It's 100% legal.