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> Is the $8B profit or revenue?

Profit, their revenue is almost 80 billion. Fines like this should be certainly based on revenue rather than profit, though (like the EU does it)



Why should they be based on revenue rather than profit? (I'm not disagreeing, interested to understand your reasoning)


Businesses can strategically reduce taxable income. Gross revenue is less malleable.


No the person you were replying to, but my reason is that revenue is before expenses. The fine actually has to cost the company money for it to mean anything.




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