Street-Individual292 t1_isdlb4x wrote on October 15, 2022 at 3:45 AM

Reply to comment by dr_leo_marvin in [OC] Google IPO vs Now - breaking down revenue and profit sources by giteam

IPO years in general will be misleading because stock compensation isn’t tax deductible until it’s vested, which temporarily spikes effective tax rates. It doesn’t mean they’re actually paying that much, it’s just the way it’s recorded on financial statements

For reference, their tax rate was 36% in 2004

Ricksterdinium t1_isdwf62 wrote on October 15, 2022 at 5:47 AM

Please add a reference if you're actually adding a reference.

Street-Individual292 t1_iseq7a4 wrote on October 15, 2022 at 12:26 PM

https://www.sec.gov/Archives/edgar/data/1288776/000119312505065298/d10k.htm