eli5: Why can’t businesses right off all business activities on their taxes? 341 viewsJanuary 2, 2024 Question100.55K July 16, 2022 0 Comments If their costs are greater than the tax they pay, how come business can’t effectively pay 0 tax by righting off all these costs as a business expense? In: 0 7 Answers ActiveNewestOldest Anonymous Posted July 16, 2022 0 Comments businesses pay taxes on their profits. If their expenses are greater than their revenue, then they don’t have any profits to pay taxes on. However, you can’t operate indefinitely without making a profit You are viewing 1 out of 7 answers, click here to view all answers. Register or Login
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