As I said elsewhere, it's easy to rig the numbers to show low profits. For example by paying your parent company in another country high franchise fees.

[–] Auth@lemmy.world 1 points 6 days ago (1 children)

thats not "rigging" and you have no proof thats being done. There is regulation that states payment for services from a parent by a subsidiary must be market rate. If that didnt exist susidaries would be able to get free services from a parent company and that would be anti competitive and generate less tax.

[–] BalpeenHammer@lemmy.nz 4 points 6 days ago

I don't have access to it but the proof is supposedly there in the tax filings. Having said that there is 100% probability they are paying their parent companies license fees and franchise fees.

in any case 402 million in revenue for a business who does nothing but clip tickets means there should be lot more profit and lot more taxes paid.