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ekanes
on Feb 20, 2011
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The Program - Start-Up Chile – Entrepreneurs Welco...
> companies are taxed on profits not revenues (!!)
Businesses are always taxed on profits, not on revenues.
ahoyhere
on Feb 21, 2011
[–]
Not true. Seems like quite a few places in the world have a tax on gross receipts - including, of all absurdity, Philadelphia.
born2web
on Feb 22, 2011
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same is the case in the state of Washington - 2% B&O tax on revenue.
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Businesses are always taxed on profits, not on revenues.