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this post was submitted on 08 Mar 2024
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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If that were the case there would at least be some value in selling the division to another company. Perhaps by not selling it they can claim the division lost money, artificially reducing the tax burden on profits from divisions corporate management is more interested in.
Thats not really how tax breaks work though. Especially not corporate ones.