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Joined 5 months ago
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Cake day: January 23rd, 2025

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  • Yeah ofc, it’s another way of funding a company and the investors want their return on investment as well. Our savings, pensions, index funds etc are also investing in these publicly traded companies and we also want whatever roi we can get.

    Governments just need to do their fucking job to prevent ani consumerism. But considering there are still a lot of people defending stupid rules and regulations (especially about anti consumer practises in the US) I doubt it will change anytime soon.









  • Yup, but most people have savings or some kind of pension, both are often put into the stock market by the bank or pension fund to give us the interest we want.

    We need to try and exercise more of our power as stakeholder in these companies, in the end we still have the power to not use products from these massive corporations. Stop order from shit like Amazon, but go and order from smaller stores, switch search engine and browser, etc.








  • That whole box 3 system was shut down by the government following a judge.

    We need more checks on the system required to keep companies in check. Aka accountants, like I said getting enough is already and issue.

    And no I am not talking about outliers, but I have no way of proving it either due to the rules I am bound to I cannot share information about my clients. But there are multiple who use 2, 3 or maybe 4 BV’s to be more tax efficient. But that is mostly inside the same country. Go and order some annual reports if you want to see more data, sadly for this they are pretty empty.

    You have a different view then me and that is fine. Believe what you want, but until I see different in practise I aint gonna believe that wealth tax made ik the way most of us want is going to be possible let alone make economic sense


  • They are working for a reason to fix the Box 3 tax system, but the judge made them stop the next year.

    Call it what you want that people can abuse international structures. It is legal and it’s going to stay legal for a while since there are also valid reasons to setup an international structure. Especislly for bigger companies.

    Evaluating companies is subjective or well at least for the sale of the company it is. The seller will always value his work a ton and the buyer will always under value that work. Then there are also synergystic effects that will affect the value. Ow what do you think of evaluating hard to sell stock? Or living stock like animals? Even then a balance sheet is still a snapshot of a company.

    Idk if you have ever done any valuations yourself, but standardising them is pretty hard. It is possible to some degree for which I agree. Now if you find a good way to do that efficiently and fair to everybody please let me know then I can pass it on. Or if you know some good ways to fix the capacity in accounting let me know. (Not bookkeeping)

    I am not Cherry picking situations, just think about it. Upto a revenue of 15 million (actually it can be more, but let’s just stick with that 15M) I can hope that you can make a profit of 1 or 2m a year. Often you will split this between multiple companies for tax and security reasons, but consolidated it should earn you a pretty penny. There are outliers and I also have seen companies who have 30-40m revenue (which we consider medium sized companies), but only 1 or 2m profit every year.

    More people working in the accounting field is an upside to me so I am all for it. If we need to start evaluating companies every year it would be beneficial to me and the company I work for (assuming we can get the capacity).