Also, possible tax shenanigans
It depends on how the sale was structured, which is unknown at this time, but (purchase price - sale price) may not paint the whole picture.
http://www.theregist...lity_lenovo_sale/ Google can expect to reap $700m a year in tax deductions from future profits each year through 2019. Google also will be able to immediately reduce its taxes by $1bn due to Motorola Mobility's US net operating loss, and by a further $700m due to its foreign operating loss, |
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One would expect nothing less from the tax lawyers. :-/
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Google passes Motorola phones to Lenovo.
- (Another Scott)
- (5)
- Jan. 29, 2014, 09:03:59 PM EST
Yep, it does make sense.
- (a6l6e6x)
- Jan. 30, 2014, 08:18:36 AM EST
Also, possible tax shenanigans
- (scoenye)
- (1)
- Jan. 31, 2014, 06:01:51 PM EST
One would expect nothing less from the tax lawyers. :-/
-NT
- (Another Scott)
- Jan. 31, 2014, 06:13:37 PM EST
Heh
- (pwhysall)
- (1)
- Feb. 1, 2014, 03:06:59 AM EST
They probably didn't have much choice but to buy them.
- (Another Scott)
- Feb. 1, 2014, 09:46:38 AM EST