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submitted 5 days ago by sabreW4K3@lazysoci.al to c/piracy@lemmy.dbzer0.com

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[–] miss_demeanour@lemmy.dbzer0.com 55 points 5 days ago* (last edited 5 days ago) (1 children)

If Big Media is losing all this money, why aren't they claiming these losses on their taxes?

Is it because they haven't lost a dime?

[–] tja@sh.itjust.works 1 points 5 days ago (1 children)

They do

[–] miss_demeanour@lemmy.dbzer0.com 15 points 5 days ago (1 children)

What formula do they use to calculate these losses? Are there guidelines posted by the IRS?

[–] curbstickle@lemmy.dbzer0.com 15 points 5 days ago* (last edited 5 days ago)

I'm sure they do what all huge corporations do.

Make shit up and then say "oops, sorry, here's a tiny fraction of the profits we made keeping that money for so long as a fine teehee".