How does “reinvesting” back into the company help corporations save money on taxes? 852 viewsJanuary 3, 2024 Question90.84K February 20, 2020 0 Comments How does “reinvesting” back into the company help corporations save money on taxes? In: Economics 2 Answers ActiveNewestOldest Anonymous Posted February 20, 2020 0 Comments Companies are taxed based on profits — revenue minus expenses. If I spend more, my profits go down so my taxes go down. Hopefully the money spent is an investment in something that’ll grow business down the road. You are viewing 1 out of 2 answers, click here to view all answers. Register or Login
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