Redirect 302 redirect from GET @entry_comment_create (53ff03)

GET https://kbin.spritesserver.nl/index.php/m/news@beehaw.org/comments?p=38

Security

Token

There is no security token.

Firewall

main Name
Security enabled
Stateless

Configuration

Key Value
provider security.user.provider.concrete.app_user_provider
context main
entry_point App\Security\KbinAuthenticator
user_checker App\Security\UserChecker
access_denied_handler (none)
access_denied_url (none)
authenticators
[
  "two_factor"
  "remember_me"
  "App\Security\KbinAuthenticator"
  "App\Security\FacebookAuthenticator"
  "App\Security\GoogleAuthenticator"
  "App\Security\GithubAuthenticator"
  "App\Security\KeycloakAuthenticator"
]

Listeners

Listener Duration Response
Symfony\Component\Security\Http\Firewall\ChannelListener {#723
  -map: Symfony\Component\Security\Http\AccessMap {#722 …}
  -logger: Monolog\Logger {#783 …}
  -httpPort: 80
  -httpsPort: 443
}
0.00 ms (none)
Symfony\Component\Security\Http\Firewall\ContextListener {#706
  -tokenStorage: Symfony\Component\Security\Core\Authentication\Token\Storage\TokenStorage {#1017 …}
  -sessionKey: "_security_main"
  -logger: Monolog\Logger {#783 …}
  -userProviders: Symfony\Component\DependencyInjection\Argument\RewindableGenerator {#705 …}
  -dispatcher: Symfony\Component\EventDispatcher\Debug\TraceableEventDispatcher {#747 …}
  -registered: false
  -trustResolver: Scheb\TwoFactorBundle\Security\Authentication\AuthenticationTrustResolver {#780 …}
  -sessionTrackerEnabler: Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage::enableUsageTracking(): void {#703 …}
}
28.12 ms (none)
Symfony\Component\Security\Http\Firewall\AuthenticatorManagerListener {#584
  -authenticatorManager: Symfony\Component\Security\Http\Authentication\AuthenticatorManager {#595 …}
}
0.00 ms (none)
Scheb\TwoFactorBundle\Security\Http\Firewall\TwoFactorAccessListener {#582
  -twoFactorFirewallConfig: Scheb\TwoFactorBundle\Security\TwoFactor\TwoFactorFirewallConfig {#842 …}
  -tokenStorage: Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage {#1018 …}
  -twoFactorAccessDecider: Scheb\TwoFactorBundle\Security\Authorization\TwoFactorAccessDecider {#581 …}
}
0.05 ms (none)
Symfony\Component\Security\Http\Firewall\AccessListener {#579
  -tokenStorage: Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage {#1018 …}
  -accessDecisionManager: Symfony\Component\Security\Core\Authorization\TraceableAccessDecisionManager {#937 …}
  -map: Symfony\Component\Security\Http\AccessMap {#722 …}
}
0.00 ms (none)
Symfony\Component\Security\Http\Firewall\LogoutListener {#786
  -tokenStorage: Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage {#1018 …}
  -options: [
    "csrf_parameter" => "_csrf_token"
    "csrf_token_id" => "logout"
    "logout_path" => "app_logout"
  ]
  -httpUtils: Symfony\Component\Security\Http\HttpUtils {#841 …}
  -csrfTokenManager: Symfony\Component\Security\Csrf\CsrfTokenManager {#1015 …}
  -eventDispatcher: Symfony\Component\EventDispatcher\Debug\TraceableEventDispatcher {#747 …}
}
0.00 ms (none)

Authenticators

No authenticators have been recorded. Check previous profiles on your authentication endpoint.

Access Decision

affirmative Strategy
# Voter class
1
"Symfony\Component\Security\Core\Authorization\Voter\AuthenticatedVoter"
2
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
3
"Symfony\Component\Security\Core\Authorization\Voter\RoleHierarchyVoter"
4
"Symfony\Component\Security\Core\Authorization\Voter\ExpressionVoter"
5
"App\Security\Voter\EntryCommentVoter"
6
"App\Security\Voter\EntryVoter"
7
"App\Security\Voter\MagazineVoter"
8
"App\Security\Voter\MessageThreadVoter"
9
"App\Security\Voter\MessageVoter"
10
"App\Security\Voter\NotificationVoter"
11
"App\Security\Voter\OAuth2UserConsentVoter"
12
"App\Security\Voter\PostCommentVoter"
13
"App\Security\Voter\PostVoter"
14
"App\Security\Voter\UserVoter"

Access decision log

# Result Attributes Object
1 DENIED ROLE_USER
null
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"Symfony\Component\Security\Core\Authorization\Voter\RoleHierarchyVoter"
ACCESS DENIED
"App\Security\Voter\EntryCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
2 DENIED moderate
App\Entity\EntryComment {#1783
  +user: App\Entity\User {#1455 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1753 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
    +rules: null
    +subscriptionsCount: 1
    +entryCount: 579
    +entryCommentCount: 3849
    +postCount: 0
    +postCommentCount: 0
    +isAdult: false
    +customCss: null
    +lastActive: DateTime @1729562937 {#314
      date: 2024-10-22 04:08:57.0 +02:00
    }
    +markedForDeletionAt: null
    +tags: null
    +moderators: Doctrine\ORM\PersistentCollection {#278 …}
    +ownershipRequests: Doctrine\ORM\PersistentCollection {#274 …}
    +moderatorRequests: Doctrine\ORM\PersistentCollection {#263 …}
    +entries: Doctrine\ORM\PersistentCollection {#221 …}
    +posts: Doctrine\ORM\PersistentCollection {#179 …}
    +subscriptions: Doctrine\ORM\PersistentCollection {#241 …}
    +bans: Doctrine\ORM\PersistentCollection {#158 …}
    +reports: Doctrine\ORM\PersistentCollection {#144 …}
    +badges: Doctrine\ORM\PersistentCollection {#122 …}
    +logs: Doctrine\ORM\PersistentCollection {#112 …}
    +awards: Doctrine\ORM\PersistentCollection {#101 …}
    +categories: Doctrine\ORM\PersistentCollection {#88 …}
    -id: 36
    +apId: "news@beehaw.org"
    +apProfileId: "https://beehaw.org/c/news"
    +apPublicUrl: "https://beehaw.org/c/news"
    +apFollowersUrl: "https://beehaw.org/c/news/followers"
    +apInboxUrl: "https://beehaw.org/inbox"
    +apDomain: "beehaw.org"
    +apPreferredUsername: "news"
    +apDiscoverable: true
    +apManuallyApprovesFollowers: null
    +privateKey: null
    +publicKey: null
    +apFetchedAt: DateTime @1729580679 {#315
      date: 2024-10-22 09:04:39.0 +02:00
    }
    +apDeletedAt: null
    +apTimeoutAt: null
    +visibility: "visible             "
    +createdAt: DateTimeImmutable @1696204467 {#309
      date: 2023-10-02 01:54:27.0 +02:00
    }
  }
  +image: null
  +parent: null
  +root: null
  +body: "Tuvalu is of course part of the commonwealth. Meanwhile the Marshall Islanders [are moving to](https://www.youtube.com/watch?v=3J06af5xHD0) Salem, Oregon."
  +lang: "en"
  +isAdult: false
  +favouriteCount: 2
  +score: 0
  +lastActive: DateTime @1699705186 {#1539
    date: 2023-11-11 13:19:46.0 +01:00
  }
  +ip: null
  +tags: null
  +mentions: [
    "@throws_lemy@lemmy.nz"
  ]
  +children: Doctrine\ORM\PersistentCollection {#1746 …}
  +nested: Doctrine\ORM\PersistentCollection {#1750 …}
  +votes: Doctrine\ORM\PersistentCollection {#1475 …}
  +reports: Doctrine\ORM\PersistentCollection {#1487 …}
  +favourites: Doctrine\ORM\PersistentCollection {#1623 …}
  +notifications: Doctrine\ORM\PersistentCollection {#1419 …}
  -id: 110908
  -bodyTs: "'/watch?v=3j06af5xhd0)':18 'commonwealth':8 'cours':4 'island':12 'marshal':11 'meanwhil':9 'move':14 'oregon':20 'part':5 'salem':19 'tuvalu':1 'www.youtube.com':17 'www.youtube.com/watch?v=3j06af5xhd0)':16"
  +ranking: 0
  +commentCount: 0
  +upVotes: 0
  +downVotes: 0
  +visibility: "visible             "
  +apId: "https://lemm.ee/comment/5991096"
  +editedAt: DateTimeImmutable @1699866925 {#1498
    date: 2023-11-13 10:15:25.0 +01:00
  }
  +createdAt: DateTimeImmutable @1699705186 {#1681
    date: 2023-11-11 13:19:46.0 +01:00
  }
}
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
3 DENIED edit
App\Entity\EntryComment {#1783
  +user: App\Entity\User {#1455 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1753 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
    +rules: null
    +subscriptionsCount: 1
    +entryCount: 579
    +entryCommentCount: 3849
    +postCount: 0
    +postCommentCount: 0
    +isAdult: false
    +customCss: null
    +lastActive: DateTime @1729562937 {#314
      date: 2024-10-22 04:08:57.0 +02:00
    }
    +markedForDeletionAt: null
    +tags: null
    +moderators: Doctrine\ORM\PersistentCollection {#278 …}
    +ownershipRequests: Doctrine\ORM\PersistentCollection {#274 …}
    +moderatorRequests: Doctrine\ORM\PersistentCollection {#263 …}
    +entries: Doctrine\ORM\PersistentCollection {#221 …}
    +posts: Doctrine\ORM\PersistentCollection {#179 …}
    +subscriptions: Doctrine\ORM\PersistentCollection {#241 …}
    +bans: Doctrine\ORM\PersistentCollection {#158 …}
    +reports: Doctrine\ORM\PersistentCollection {#144 …}
    +badges: Doctrine\ORM\PersistentCollection {#122 …}
    +logs: Doctrine\ORM\PersistentCollection {#112 …}
    +awards: Doctrine\ORM\PersistentCollection {#101 …}
    +categories: Doctrine\ORM\PersistentCollection {#88 …}
    -id: 36
    +apId: "news@beehaw.org"
    +apProfileId: "https://beehaw.org/c/news"
    +apPublicUrl: "https://beehaw.org/c/news"
    +apFollowersUrl: "https://beehaw.org/c/news/followers"
    +apInboxUrl: "https://beehaw.org/inbox"
    +apDomain: "beehaw.org"
    +apPreferredUsername: "news"
    +apDiscoverable: true
    +apManuallyApprovesFollowers: null
    +privateKey: null
    +publicKey: null
    +apFetchedAt: DateTime @1729580679 {#315
      date: 2024-10-22 09:04:39.0 +02:00
    }
    +apDeletedAt: null
    +apTimeoutAt: null
    +visibility: "visible             "
    +createdAt: DateTimeImmutable @1696204467 {#309
      date: 2023-10-02 01:54:27.0 +02:00
    }
  }
  +image: null
  +parent: null
  +root: null
  +body: "Tuvalu is of course part of the commonwealth. Meanwhile the Marshall Islanders [are moving to](https://www.youtube.com/watch?v=3J06af5xHD0) Salem, Oregon."
  +lang: "en"
  +isAdult: false
  +favouriteCount: 2
  +score: 0
  +lastActive: DateTime @1699705186 {#1539
    date: 2023-11-11 13:19:46.0 +01:00
  }
  +ip: null
  +tags: null
  +mentions: [
    "@throws_lemy@lemmy.nz"
  ]
  +children: Doctrine\ORM\PersistentCollection {#1746 …}
  +nested: Doctrine\ORM\PersistentCollection {#1750 …}
  +votes: Doctrine\ORM\PersistentCollection {#1475 …}
  +reports: Doctrine\ORM\PersistentCollection {#1487 …}
  +favourites: Doctrine\ORM\PersistentCollection {#1623 …}
  +notifications: Doctrine\ORM\PersistentCollection {#1419 …}
  -id: 110908
  -bodyTs: "'/watch?v=3j06af5xhd0)':18 'commonwealth':8 'cours':4 'island':12 'marshal':11 'meanwhil':9 'move':14 'oregon':20 'part':5 'salem':19 'tuvalu':1 'www.youtube.com':17 'www.youtube.com/watch?v=3j06af5xhd0)':16"
  +ranking: 0
  +commentCount: 0
  +upVotes: 0
  +downVotes: 0
  +visibility: "visible             "
  +apId: "https://lemm.ee/comment/5991096"
  +editedAt: DateTimeImmutable @1699866925 {#1498
    date: 2023-11-13 10:15:25.0 +01:00
  }
  +createdAt: DateTimeImmutable @1699705186 {#1681
    date: 2023-11-11 13:19:46.0 +01:00
  }
}
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
4 DENIED moderate
App\Entity\EntryComment {#1783
  +user: App\Entity\User {#1455 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1753 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
    +rules: null
    +subscriptionsCount: 1
    +entryCount: 579
    +entryCommentCount: 3849
    +postCount: 0
    +postCommentCount: 0
    +isAdult: false
    +customCss: null
    +lastActive: DateTime @1729562937 {#314
      date: 2024-10-22 04:08:57.0 +02:00
    }
    +markedForDeletionAt: null
    +tags: null
    +moderators: Doctrine\ORM\PersistentCollection {#278 …}
    +ownershipRequests: Doctrine\ORM\PersistentCollection {#274 …}
    +moderatorRequests: Doctrine\ORM\PersistentCollection {#263 …}
    +entries: Doctrine\ORM\PersistentCollection {#221 …}
    +posts: Doctrine\ORM\PersistentCollection {#179 …}
    +subscriptions: Doctrine\ORM\PersistentCollection {#241 …}
    +bans: Doctrine\ORM\PersistentCollection {#158 …}
    +reports: Doctrine\ORM\PersistentCollection {#144 …}
    +badges: Doctrine\ORM\PersistentCollection {#122 …}
    +logs: Doctrine\ORM\PersistentCollection {#112 …}
    +awards: Doctrine\ORM\PersistentCollection {#101 …}
    +categories: Doctrine\ORM\PersistentCollection {#88 …}
    -id: 36
    +apId: "news@beehaw.org"
    +apProfileId: "https://beehaw.org/c/news"
    +apPublicUrl: "https://beehaw.org/c/news"
    +apFollowersUrl: "https://beehaw.org/c/news/followers"
    +apInboxUrl: "https://beehaw.org/inbox"
    +apDomain: "beehaw.org"
    +apPreferredUsername: "news"
    +apDiscoverable: true
    +apManuallyApprovesFollowers: null
    +privateKey: null
    +publicKey: null
    +apFetchedAt: DateTime @1729580679 {#315
      date: 2024-10-22 09:04:39.0 +02:00
    }
    +apDeletedAt: null
    +apTimeoutAt: null
    +visibility: "visible             "
    +createdAt: DateTimeImmutable @1696204467 {#309
      date: 2023-10-02 01:54:27.0 +02:00
    }
  }
  +image: null
  +parent: null
  +root: null
  +body: "Tuvalu is of course part of the commonwealth. Meanwhile the Marshall Islanders [are moving to](https://www.youtube.com/watch?v=3J06af5xHD0) Salem, Oregon."
  +lang: "en"
  +isAdult: false
  +favouriteCount: 2
  +score: 0
  +lastActive: DateTime @1699705186 {#1539
    date: 2023-11-11 13:19:46.0 +01:00
  }
  +ip: null
  +tags: null
  +mentions: [
    "@throws_lemy@lemmy.nz"
  ]
  +children: Doctrine\ORM\PersistentCollection {#1746 …}
  +nested: Doctrine\ORM\PersistentCollection {#1750 …}
  +votes: Doctrine\ORM\PersistentCollection {#1475 …}
  +reports: Doctrine\ORM\PersistentCollection {#1487 …}
  +favourites: Doctrine\ORM\PersistentCollection {#1623 …}
  +notifications: Doctrine\ORM\PersistentCollection {#1419 …}
  -id: 110908
  -bodyTs: "'/watch?v=3j06af5xhd0)':18 'commonwealth':8 'cours':4 'island':12 'marshal':11 'meanwhil':9 'move':14 'oregon':20 'part':5 'salem':19 'tuvalu':1 'www.youtube.com':17 'www.youtube.com/watch?v=3j06af5xhd0)':16"
  +ranking: 0
  +commentCount: 0
  +upVotes: 0
  +downVotes: 0
  +visibility: "visible             "
  +apId: "https://lemm.ee/comment/5991096"
  +editedAt: DateTimeImmutable @1699866925 {#1498
    date: 2023-11-13 10:15:25.0 +01:00
  }
  +createdAt: DateTimeImmutable @1699705186 {#1681
    date: 2023-11-11 13:19:46.0 +01:00
  }
}
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
5 DENIED ROLE_USER
null
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"Symfony\Component\Security\Core\Authorization\Voter\RoleHierarchyVoter"
ACCESS DENIED
"App\Security\Voter\EntryCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
6 DENIED moderate
App\Entity\EntryComment {#1707
  +user: App\Entity\User {#2452 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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    > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
    \n
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    \n
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
7 DENIED edit
App\Entity\EntryComment {#1707
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    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
    \n
    > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
    \n
    Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
    \n
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
8 DENIED moderate
App\Entity\EntryComment {#1707
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
    \n
    > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
    \n
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    \n
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    """
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
9 DENIED ROLE_USER
null
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ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
10 DENIED moderate
App\Entity\EntryComment {#3184
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  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    +image: null
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      > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
      \n
      Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
      \n
      This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
      """
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      "@sqgl@beehaw.org"
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  +root: App\Entity\EntryComment {#1707}
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
11 DENIED edit
App\Entity\EntryComment {#3184
  +user: Proxies\__CG__\App\Entity\User {#3163 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    +magazine: App\Entity\Magazine {#306}
    +image: null
    +parent: null
    +root: null
    +body: """
      This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
      \n
      > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
      \n
      Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
      \n
      This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
      """
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      date: 2023-11-11 13:12:19.0 +01:00
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  +root: App\Entity\EntryComment {#1707}
  +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
  +lang: "en"
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
12 DENIED moderate
App\Entity\EntryComment {#3184
  +user: Proxies\__CG__\App\Entity\User {#3163 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
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    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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      This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
      \n
      > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
      \n
      Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
      \n
      This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
      """
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  +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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}
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ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
13 DENIED ROLE_USER
null
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"Symfony\Component\Security\Core\Authorization\Voter\RoleHierarchyVoter"
ACCESS DENIED
"App\Security\Voter\EntryCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
14 DENIED moderate
App\Entity\EntryComment {#3237
  +user: App\Entity\User {#2452 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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      +magazine: App\Entity\Magazine {#306}
      +image: null
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        This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
        \n
        > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
        \n
        Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
        \n
        This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
        """
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    +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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  +root: App\Entity\EntryComment {#1707}
  +body: """
    > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
    \n
    If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
    \n
    If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
    \n
    "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
    \n
    But it's late and I may have missed a key phrase or three in the article. That also happens.
    """
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}
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
15 DENIED edit
App\Entity\EntryComment {#3237
  +user: App\Entity\User {#2452 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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      date: 2023-10-02 01:54:27.0 +02:00
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    +magazine: App\Entity\Magazine {#306}
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      +magazine: App\Entity\Magazine {#306}
      +image: null
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        This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
        \n
        > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
        \n
        Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
        \n
        This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
        """
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    +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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  +root: App\Entity\EntryComment {#1707}
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    > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
    \n
    If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
    \n
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    \n
    "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
    \n
    But it's late and I may have missed a key phrase or three in the article. That also happens.
    """
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    "@sqgl@beehaw.org"
    "@fiat_lux@kbin.social"
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Show voter details
16 DENIED moderate
App\Entity\EntryComment {#3237
  +user: App\Entity\User {#2452 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    +parent: App\Entity\EntryComment {#1707
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      +magazine: App\Entity\Magazine {#306}
      +image: null
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      +body: """
        This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
        \n
        > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
        \n
        Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
        \n
        This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
        """
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        date: 2023-11-11 13:12:19.0 +01:00
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    +root: App\Entity\EntryComment {#1707}
    +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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      "@fiat_lux@kbin.social"
    ]
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      date: 2023-11-11 13:59:09.0 +01:00
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  +root: App\Entity\EntryComment {#1707}
  +body: """
    > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
    \n
    If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
    \n
    If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
    \n
    "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
    \n
    But it's late and I may have missed a key phrase or three in the article. That also happens.
    """
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    "@OnionQuest@lemmy.ml"
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    date: 2023-11-11 14:28:46.0 +01:00
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}
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ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
17 DENIED ROLE_USER
null
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
18 DENIED moderate
App\Entity\EntryComment {#3275
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    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    +image: null
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          This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
          \n
          > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
          \n
          Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
          \n
          This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
          """
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      +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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    +body: """
      > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
      \n
      If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
      \n
      If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
      \n
      But it's late and I may have missed a key phrase or three in the article. That also happens.
      """
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    > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
    \n
    The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
    \n
    A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
    \n
    So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
    \n
    ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
    """
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
19 DENIED edit
App\Entity\EntryComment {#3275
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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        +body: """
          This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
          \n
          > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
          \n
          Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
          \n
          This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
          """
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      +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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      > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
      \n
      If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
      \n
      If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
      \n
      But it's late and I may have missed a key phrase or three in the article. That also happens.
      """
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    > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
    \n
    The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
    \n
    A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
    \n
    So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
    \n
    ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
    """
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20 DENIED moderate
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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        +body: """
          This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
          \n
          > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
          \n
          Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
          \n
          This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
          """
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      +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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    +body: """
      > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
      \n
      If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
      \n
      If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
      \n
      But it's late and I may have missed a key phrase or three in the article. That also happens.
      """
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  +body: """
    > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
    \n
    The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
    \n
    A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
    \n
    So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
    \n
    ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
    """
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App\Entity\EntryComment {#3303
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    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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          +body: """
            This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
            \n
            > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
            \n
            Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
            \n
            This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
            """
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        +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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      +body: """
        > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
        \n
        If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
        \n
        If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
        \n
        But it's late and I may have missed a key phrase or three in the article. That also happens.
        """
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        date: 2023-11-11 14:28:46.0 +01:00
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    +root: App\Entity\EntryComment {#1707}
    +body: """
      > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
      \n
      A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
      \n
      So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
      \n
      ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
      """
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  +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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23 DENIED edit
App\Entity\EntryComment {#3303
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    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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    +parent: App\Entity\EntryComment {#3237
      +user: App\Entity\User {#2452 …}
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      +magazine: App\Entity\Magazine {#306}
      +image: null
      +parent: App\Entity\EntryComment {#3184
        +user: Proxies\__CG__\App\Entity\User {#3163 …}
        +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
        +magazine: App\Entity\Magazine {#306}
        +image: null
        +parent: App\Entity\EntryComment {#1707
          +user: App\Entity\User {#2452 …}
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          +image: null
          +parent: null
          +root: null
          +body: """
            This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
            \n
            > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
            \n
            Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
            \n
            This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
            """
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        +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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          "@fiat_lux@kbin.social"
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          date: 2023-11-11 13:59:09.0 +01:00
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      }
      +root: App\Entity\EntryComment {#1707}
      +body: """
        > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
        \n
        If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
        \n
        If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
        \n
        But it's late and I may have missed a key phrase or three in the article. That also happens.
        """
      +lang: "en"
      +isAdult: false
      +favouriteCount: 8
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      +lastActive: DateTime @1699709326 {#3235
        date: 2023-11-11 14:28:46.0 +01:00
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      +mentions: [
        "@sqgl@beehaw.org"
        "@fiat_lux@kbin.social"
        "@OnionQuest@lemmy.ml"
      ]
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        date: 2023-11-11 14:28:46.0 +01:00
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    +root: App\Entity\EntryComment {#1707}
    +body: """
      > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
      \n
      A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
      \n
      So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
      \n
      ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
      """
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  +root: App\Entity\EntryComment {#1707}
  +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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Show voter details
24 DENIED moderate
App\Entity\EntryComment {#3303
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  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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          +body: """
            This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
            \n
            > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
            \n
            Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
            \n
            This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
            """
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        +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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      +body: """
        > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
        \n
        If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
        \n
        If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
        \n
        But it's late and I may have missed a key phrase or three in the article. That also happens.
        """
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    +body: """
      > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
      \n
      A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
      \n
      So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
      \n
      ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
      """
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  +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
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          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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      date: 2023-10-02 01:54:27.0 +02:00
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            +body: """
              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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          date: 2023-11-11 14:28:46.0 +01:00
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      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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    +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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  +body: """
    Please read my disclaimer. I’m not from the US, and my experience is based on accountancy in my own country. No company in my country complies with SOX, because that’s a US law and doesn’t apply to the rest of the world.\n
    \n
    While large corporations in this country are audited, they use the large auditors who *have* in fact been found to have done some pretty dodgy shit that a small auditor or accountant would not have gotten away with, while the regulators turn a blind eye. The large auditors also enable large companies to use tax loopholes that are not available to small businesses, so my point that closing the loopholes would make a big difference stands. And sure, the smaller accountants and auditors do this kind of crap too (corruption exists everwhere) - but the difference is that they’re held to account when they get caught. It *is* factually the case that those with more money don’t have to play by the same rules as everyone else.\n
    \n
    I’m also not an accountant anymore. Did it for ten years and came to absolutely hate it as more of my time was spent on larger businesses. I loved working for the little guys, as overall I found them more reasonable. I never worked on any public companies, but I did work on a few charities (which have many similar rules to public companies in this country), and the corruption amongst the leadership was directly proportional to the size of the charity. There’s one major charity I won’t donate to anymore because I know just how much corruption there is at the top.
    """
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"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
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"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
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"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
27 DENIED edit
App\Entity\EntryComment {#3326
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  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
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    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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            +body: """
              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +root: App\Entity\EntryComment {#1707}
          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +root: App\Entity\EntryComment {#1707}
        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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          date: 2023-11-11 14:28:46.0 +01:00
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      +root: App\Entity\EntryComment {#1707}
      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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    +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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  +body: """
    Please read my disclaimer. I’m not from the US, and my experience is based on accountancy in my own country. No company in my country complies with SOX, because that’s a US law and doesn’t apply to the rest of the world.\n
    \n
    While large corporations in this country are audited, they use the large auditors who *have* in fact been found to have done some pretty dodgy shit that a small auditor or accountant would not have gotten away with, while the regulators turn a blind eye. The large auditors also enable large companies to use tax loopholes that are not available to small businesses, so my point that closing the loopholes would make a big difference stands. And sure, the smaller accountants and auditors do this kind of crap too (corruption exists everwhere) - but the difference is that they’re held to account when they get caught. It *is* factually the case that those with more money don’t have to play by the same rules as everyone else.\n
    \n
    I’m also not an accountant anymore. Did it for ten years and came to absolutely hate it as more of my time was spent on larger businesses. I loved working for the little guys, as overall I found them more reasonable. I never worked on any public companies, but I did work on a few charities (which have many similar rules to public companies in this country), and the corruption amongst the leadership was directly proportional to the size of the charity. There’s one major charity I won’t donate to anymore because I know just how much corruption there is at the top.
    """
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"App\Security\Voter\EntryCommentVoter"
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"App\Security\Voter\EntryVoter"
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"App\Security\Voter\MessageThreadVoter"
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"App\Security\Voter\UserVoter"
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Show voter details
28 DENIED moderate
App\Entity\EntryComment {#3326
  +user: Proxies\__CG__\App\Entity\User {#3272 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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            +body: """
              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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    +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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  +body: """
    Please read my disclaimer. I’m not from the US, and my experience is based on accountancy in my own country. No company in my country complies with SOX, because that’s a US law and doesn’t apply to the rest of the world.\n
    \n
    While large corporations in this country are audited, they use the large auditors who *have* in fact been found to have done some pretty dodgy shit that a small auditor or accountant would not have gotten away with, while the regulators turn a blind eye. The large auditors also enable large companies to use tax loopholes that are not available to small businesses, so my point that closing the loopholes would make a big difference stands. And sure, the smaller accountants and auditors do this kind of crap too (corruption exists everwhere) - but the difference is that they’re held to account when they get caught. It *is* factually the case that those with more money don’t have to play by the same rules as everyone else.\n
    \n
    I’m also not an accountant anymore. Did it for ten years and came to absolutely hate it as more of my time was spent on larger businesses. I loved working for the little guys, as overall I found them more reasonable. I never worked on any public companies, but I did work on a few charities (which have many similar rules to public companies in this country), and the corruption amongst the leadership was directly proportional to the size of the charity. There’s one major charity I won’t donate to anymore because I know just how much corruption there is at the top.
    """
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}
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
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    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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            +body: """
              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +root: App\Entity\EntryComment {#1707}
        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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          date: 2023-11-11 14:28:46.0 +01:00
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      +root: App\Entity\EntryComment {#1707}
      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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    +root: App\Entity\EntryComment {#1707}
    +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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  +body: """
    Plenty of known loopholes for tax avoidance.\n
    \n
    Used to work for a company that made killer profit, but 85-90% of it was funneled to the parent company to pay for the leverage of the PE investors who bought the company for 10x their EBITDA. Say we made 100 million EBITDA, the official result was around 10-15 million, and was the basis for our taxation.\n
    \n
    All this money was paid as various fees and licenses and was calculated into the budget the year before. We had specific goals that we needed to hit and, and bonus payment was based on these goals. Our collective bonuses was a drop in the ocean compared to the result of the company.\n
    \n
    The parent company in Germany then had at least three levels of holding companies, all incorporated in Luxembourg, between them and the owners.\n
    \n
    Was a fun place to work when we got sold as suddenly there were som extra rounds of bonuses to go around as carrots for us to stay on during the sale, and even more stay-on bonuses for those who staid on after the sale.\n
    \n
    According to my boss at the time - the perk of being in a PE backed company.\n
    \n
    Wouldn’t be surprised if they’re up for sales again next year.
    """
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31 DENIED edit
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    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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            +body: """
              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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          date: 2023-11-11 14:28:46.0 +01:00
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      +root: App\Entity\EntryComment {#1707}
      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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    +root: App\Entity\EntryComment {#1707}
    +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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  +body: """
    Plenty of known loopholes for tax avoidance.\n
    \n
    Used to work for a company that made killer profit, but 85-90% of it was funneled to the parent company to pay for the leverage of the PE investors who bought the company for 10x their EBITDA. Say we made 100 million EBITDA, the official result was around 10-15 million, and was the basis for our taxation.\n
    \n
    All this money was paid as various fees and licenses and was calculated into the budget the year before. We had specific goals that we needed to hit and, and bonus payment was based on these goals. Our collective bonuses was a drop in the ocean compared to the result of the company.\n
    \n
    The parent company in Germany then had at least three levels of holding companies, all incorporated in Luxembourg, between them and the owners.\n
    \n
    Was a fun place to work when we got sold as suddenly there were som extra rounds of bonuses to go around as carrots for us to stay on during the sale, and even more stay-on bonuses for those who staid on after the sale.\n
    \n
    According to my boss at the time - the perk of being in a PE backed company.\n
    \n
    Wouldn’t be surprised if they’re up for sales again next year.
    """
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
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      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
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      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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    +body: "It’s embarrassing you’re an accountant and yet indulge in conspiratorial thinking. I’ve worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I’ve never seen a private company voluntarily comply with that standard."
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  +body: """
    Plenty of known loopholes for tax avoidance.\n
    \n
    Used to work for a company that made killer profit, but 85-90% of it was funneled to the parent company to pay for the leverage of the PE investors who bought the company for 10x their EBITDA. Say we made 100 million EBITDA, the official result was around 10-15 million, and was the basis for our taxation.\n
    \n
    All this money was paid as various fees and licenses and was calculated into the budget the year before. We had specific goals that we needed to hit and, and bonus payment was based on these goals. Our collective bonuses was a drop in the ocean compared to the result of the company.\n
    \n
    The parent company in Germany then had at least three levels of holding companies, all incorporated in Luxembourg, between them and the owners.\n
    \n
    Was a fun place to work when we got sold as suddenly there were som extra rounds of bonuses to go around as carrots for us to stay on during the sale, and even more stay-on bonuses for those who staid on after the sale.\n
    \n
    According to my boss at the time - the perk of being in a PE backed company.\n
    \n
    Wouldn’t be surprised if they’re up for sales again next year.
    """
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
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          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
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          +body: """
            This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
            \n
            > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
            \n
            Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
            \n
            This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
            """
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        +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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      +body: """
        > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
        \n
        If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
        \n
        If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
        \n
        But it's late and I may have missed a key phrase or three in the article. That also happens.
        """
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    +body: """
      > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
      \n
      A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
      \n
      So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
      \n
      ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
      """
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  +body: """
    > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
    \n
    But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
    """
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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Show voter details
35 DENIED edit
App\Entity\EntryComment {#3312
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    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    +parent: App\Entity\EntryComment {#3237
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      +image: null
      +parent: App\Entity\EntryComment {#3184
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        +magazine: App\Entity\Magazine {#306}
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        +parent: App\Entity\EntryComment {#1707
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          +body: """
            This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
            \n
            > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
            \n
            Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
            \n
            This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
            """
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        +root: App\Entity\EntryComment {#1707}
        +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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          date: 2023-11-11 13:59:09.0 +01:00
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      +root: App\Entity\EntryComment {#1707}
      +body: """
        > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
        \n
        If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
        \n
        If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
        \n
        But it's late and I may have missed a key phrase or three in the article. That also happens.
        """
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        date: 2023-11-11 14:28:46.0 +01:00
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    +root: App\Entity\EntryComment {#1707}
    +body: """
      > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
      \n
      A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
      \n
      So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
      \n
      ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
      """
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      date: 2023-11-11 15:49:38.0 +01:00
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  }
  +root: App\Entity\EntryComment {#1707}
  +body: """
    > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
    \n
    But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
    """
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}
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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Show voter details
36 DENIED moderate
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    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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      +image: null
      +parent: App\Entity\EntryComment {#3184
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        +magazine: App\Entity\Magazine {#306}
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        +parent: App\Entity\EntryComment {#1707
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          +body: """
            This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
            \n
            > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
            \n
            Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
            \n
            This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
            """
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        +root: App\Entity\EntryComment {#1707}
        +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        }
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          "@fiat_lux@kbin.social"
        ]
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        +ranking: 0
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        +apId: "https://lemmy.ml/comment/5704111"
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          date: 2023-11-11 13:59:09.0 +01:00
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      }
      +root: App\Entity\EntryComment {#1707}
      +body: """
        > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
        \n
        If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
        \n
        If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
        \n
        But it's late and I may have missed a key phrase or three in the article. That also happens.
        """
      +lang: "en"
      +isAdult: false
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      +lastActive: DateTime @1699709326 {#3235
        date: 2023-11-11 14:28:46.0 +01:00
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        "@sqgl@beehaw.org"
        "@fiat_lux@kbin.social"
        "@OnionQuest@lemmy.ml"
      ]
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      -id: 111124
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      +ranking: 0
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        date: 2023-11-11 14:28:46.0 +01:00
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    +root: App\Entity\EntryComment {#1707}
    +body: """
      > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
      \n
      The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
      \n
      A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
      \n
      So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
      \n
      ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
      """
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      date: 2023-11-11 15:49:38.0 +01:00
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  }
  +root: App\Entity\EntryComment {#1707}
  +body: """
    > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
    \n
    But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
    """
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    "@fiat_lux@kbin.social"
    "@OnionQuest@lemmy.ml"
    "@frog@beehaw.org"
  ]
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}
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Show voter details
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ACCESS ABSTAIN
Show voter details
38 DENIED moderate
App\Entity\EntryComment {#3367
  +user: Proxies\__CG__\App\Entity\User {#3272 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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            +body: """
              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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      > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
      \n
      But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
      """
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  +body: """
    Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
    \n
    And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
    \n
    And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
    """
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39 DENIED edit
App\Entity\EntryComment {#3367
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    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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            +body: """
              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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          date: 2023-11-11 14:28:46.0 +01:00
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      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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        date: 2023-11-11 15:49:38.0 +01:00
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    +body: """
      > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
      \n
      But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
      """
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    Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
    \n
    And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
    \n
    And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
    """
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
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              This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
              \n
              > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
              \n
              Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
              \n
              This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
              """
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          +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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        +body: """
          > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
          \n
          If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
          \n
          If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
          \n
          But it's late and I may have missed a key phrase or three in the article. That also happens.
          """
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          date: 2023-11-11 14:28:46.0 +01:00
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      +body: """
        > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
        \n
        The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
        \n
        A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
        \n
        So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
        \n
        ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
        """
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        date: 2023-11-11 15:49:38.0 +01:00
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    +root: App\Entity\EntryComment {#1707}
    +body: """
      > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
      \n
      But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
      """
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      "@frog@beehaw.org"
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      date: 2023-11-11 18:05:11.0 +01:00
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  +root: App\Entity\EntryComment {#1707}
  +body: """
    Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
    \n
    And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
    \n
    And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
    """
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App\Entity\EntryComment {#3390
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    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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              +body: """
                This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
                \n
                > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
                \n
                Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
                \n
                This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
                """
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            +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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              date: 2023-11-11 13:59:09.0 +01:00
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          +root: App\Entity\EntryComment {#1707}
          +body: """
            > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
            \n
            If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
            \n
            If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
            \n
            "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
            \n
            But it's late and I may have missed a key phrase or three in the article. That also happens.
            """
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            date: 2023-11-11 14:28:46.0 +01:00
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        +root: App\Entity\EntryComment {#1707}
        +body: """
          > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
          \n
          A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
          \n
          So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
          \n
          ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
          """
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          date: 2023-11-11 15:49:38.0 +01:00
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      +root: App\Entity\EntryComment {#1707}
      +body: """
        > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
        \n
        But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
        """
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        date: 2023-11-11 18:05:11.0 +01:00
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    +body: """
      Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
      \n
      And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
      \n
      And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
      """
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  +body: """
    Understood! Thanks for the detailed insight, I appreciate it. I have witnessed business excess but I'm not in the financial professions, so the exact mechanics of how they get away with it were somewhat opaque to me. Breaking it up into small invoices across multiple companies and payments makes perfect sense though.\n
    \n
    It's also nice to know there are accountants who take this seriously enough to personally check.
    """
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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                This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
                \n
                > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
                \n
                Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
                \n
                This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
                """
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                date: 2023-11-11 13:12:19.0 +01:00
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            +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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              "@fiat_lux@kbin.social"
            ]
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          +body: """
            > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
            \n
            If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
            \n
            If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
            \n
            "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
            \n
            But it's late and I may have missed a key phrase or three in the article. That also happens.
            """
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            date: 2023-11-11 14:28:46.0 +01:00
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        +root: App\Entity\EntryComment {#1707}
        +body: """
          > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
          \n
          A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
          \n
          So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
          \n
          ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
          """
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          date: 2023-11-11 15:49:38.0 +01:00
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      }
      +root: App\Entity\EntryComment {#1707}
      +body: """
        > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
        \n
        But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
        """
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      ]
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        date: 2023-11-11 18:05:11.0 +01:00
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    +body: """
      Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
      \n
      And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
      \n
      And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
      """
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  +body: """
    Understood! Thanks for the detailed insight, I appreciate it. I have witnessed business excess but I'm not in the financial professions, so the exact mechanics of how they get away with it were somewhat opaque to me. Breaking it up into small invoices across multiple companies and payments makes perfect sense though.\n
    \n
    It's also nice to know there are accountants who take this seriously enough to personally check.
    """
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}
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
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"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
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"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
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"App\Security\Voter\PostCommentVoter"
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"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
44 DENIED moderate
App\Entity\EntryComment {#3390
  +user: App\Entity\User {#2452 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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              +body: """
                This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
                \n
                > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
                \n
                Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
                \n
                This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
                """
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            +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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          +body: """
            > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
            \n
            If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
            \n
            If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
            \n
            "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
            \n
            But it's late and I may have missed a key phrase or three in the article. That also happens.
            """
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        +body: """
          > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
          \n
          The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
          \n
          A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
          \n
          So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
          \n
          ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
          """
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        > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
        \n
        But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
        """
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      Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
      \n
      And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
      \n
      And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
      """
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    Understood! Thanks for the detailed insight, I appreciate it. I have witnessed business excess but I'm not in the financial professions, so the exact mechanics of how they get away with it were somewhat opaque to me. Breaking it up into small invoices across multiple companies and payments makes perfect sense though.\n
    \n
    It's also nice to know there are accountants who take this seriously enough to personally check.
    """
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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                  This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
                  \n
                  > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
                  \n
                  Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
                  \n
                  This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
                  """
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              +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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            +body: """
              > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
              \n
              If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
              \n
              If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
              \n
              "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
              \n
              But it's late and I may have missed a key phrase or three in the article. That also happens.
              """
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            > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
            \n
            The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
            \n
            A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
            \n
            So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
            \n
            ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
            """
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          +editedAt: null
          +createdAt: DateTimeImmutable @1699714178 {#3279
            date: 2023-11-11 15:49:38.0 +01:00
          }
        }
        +root: App\Entity\EntryComment {#1707}
        +body: """
          > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
          \n
          But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
          """
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          "@fiat_lux@kbin.social"
          "@OnionQuest@lemmy.ml"
          "@frog@beehaw.org"
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        +editedAt: null
        +createdAt: DateTimeImmutable @1699722311 {#3311
          date: 2023-11-11 18:05:11.0 +01:00
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      }
      +root: App\Entity\EntryComment {#1707}
      +body: """
        Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
        \n
        And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
        \n
        And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
        """
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        date: 2023-11-13 04:44:19.0 +01:00
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        date: 2023-11-11 18:36:13.0 +01:00
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    +root: App\Entity\EntryComment {#1707}
    +body: """
      Understood! Thanks for the detailed insight, I appreciate it. I have witnessed business excess but I'm not in the financial professions, so the exact mechanics of how they get away with it were somewhat opaque to me. Breaking it up into small invoices across multiple companies and payments makes perfect sense though.\n
      \n
      It's also nice to know there are accountants who take this seriously enough to personally check.
      """
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    ]
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      date: 2023-11-12 01:47:09.0 +01:00
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  +root: App\Entity\EntryComment {#1707}
  +body: """
    No problem! :)\n
    \n
    I think there genuinely is an issue where large businesses just aren’t checked as thoroughly as small ones. It’s much easier to check every invoice over X when there’s only a few thousand invoices, compared to when there’s millions or even hundreds of millions of invoices. There’s also the fact that the value of X varies based on the size of the business. I had a few really tiny clients where X was 10, because for the size of the business and the revenue they did, 10 was significant. There were others where X was 1000. Obviously at both of those thresholds, a gold toilet is going to stick out - and for the tiny business, would probably also trigger a money laundering/fraud report (no accountant-client confidentiality when financial crimes are being committed. This is another area where the big firms are given a lot of leeway that small ones are not).\n
    \n
    So I can definitely see how for a megacorporation, the auditor may well conclude that no invoice for less than 1,000,000 is worth the effort of looking at, and it becomes quite easy to start sneaking through those gold toilets on <1,000,000 invoices if you know the auditor isn’t going to look at them.\n
    \n
    As much as I have my doubts about AI, I think accountancy and audit is one of those professions where it could be a useful tool. If an AI could run through all the invoices and just flag the ones that look weird, regardless of value, for a human to take a closer look at, it would make a measurable difference - assuming a sufficiently unbiased and correctly trained AI, of course!
    """
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Show voter details
47 DENIED edit
App\Entity\EntryComment {#3417
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    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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      date: 2023-10-02 01:54:27.0 +02:00
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    +parent: App\Entity\EntryComment {#3367
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      +parent: App\Entity\EntryComment {#3312
        +user: App\Entity\User {#2452 …}
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        +parent: App\Entity\EntryComment {#3275
          +user: Proxies\__CG__\App\Entity\User {#3272 …}
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          +parent: App\Entity\EntryComment {#3237
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                +body: """
                  This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
                  \n
                  > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
                  \n
                  Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
                  \n
                  This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
                  """
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              +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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            +body: """
              > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
              \n
              If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
              \n
              If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
              \n
              "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
              \n
              But it's late and I may have missed a key phrase or three in the article. That also happens.
              """
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            > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
            \n
            The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
            \n
            A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
            \n
            So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
            \n
            ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
            """
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          > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
          \n
          But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
          """
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        Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
        \n
        And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
        \n
        And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
        """
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      Understood! Thanks for the detailed insight, I appreciate it. I have witnessed business excess but I'm not in the financial professions, so the exact mechanics of how they get away with it were somewhat opaque to me. Breaking it up into small invoices across multiple companies and payments makes perfect sense though.\n
      \n
      It's also nice to know there are accountants who take this seriously enough to personally check.
      """
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  +body: """
    No problem! :)\n
    \n
    I think there genuinely is an issue where large businesses just aren’t checked as thoroughly as small ones. It’s much easier to check every invoice over X when there’s only a few thousand invoices, compared to when there’s millions or even hundreds of millions of invoices. There’s also the fact that the value of X varies based on the size of the business. I had a few really tiny clients where X was 10, because for the size of the business and the revenue they did, 10 was significant. There were others where X was 1000. Obviously at both of those thresholds, a gold toilet is going to stick out - and for the tiny business, would probably also trigger a money laundering/fraud report (no accountant-client confidentiality when financial crimes are being committed. This is another area where the big firms are given a lot of leeway that small ones are not).\n
    \n
    So I can definitely see how for a megacorporation, the auditor may well conclude that no invoice for less than 1,000,000 is worth the effort of looking at, and it becomes quite easy to start sneaking through those gold toilets on <1,000,000 invoices if you know the auditor isn’t going to look at them.\n
    \n
    As much as I have my doubts about AI, I think accountancy and audit is one of those professions where it could be a useful tool. If an AI could run through all the invoices and just flag the ones that look weird, regardless of value, for a human to take a closer look at, it would make a measurable difference - assuming a sufficiently unbiased and correctly trained AI, of course!
    """
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48 DENIED moderate
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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                +body: """
                  This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
                  \n
                  > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
                  \n
                  Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
                  \n
                  This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
                  """
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              +body: "That’s exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn’t really apply."
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            +body: """
              > Multinational firms will have to pay that level of tax ***on all of the profits*** they make worldwide, regardless of where the ***profits*** are generated.\n
              \n
              If I have understood correctly from the article, this tax seems to apply to profits instead of revenue. If that is the case then all this does is justify companies hiring 10 more accountants and lawyers to find more novel ways to launder real corporate profit from exploitation into personal profit. Publicly traded companies might take a small hit to their next annual reports, but private businesses will experience almost no effect at all.\n
              \n
              If a company has bought and "loaned" or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family's "startup" and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend's businesses, then those are considered "expenses". The actual profit has been "reinvested back into the business" and the tax is applied to what is basically pocket change because the money has been spent. It doesn't matter that the gold toilet in the CEO's personal office bathroom isn't necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
              \n
              "Reducing tax" is how companies strengthen social imbalance by consolidating power amongst a small group of people and exploit global markets. It's not something to write off as an understandable necessity. This is why GDPR specifically targetted revenue instead of profits as the base value.\n
              \n
              But it's late and I may have missed a key phrase or three in the article. That also happens.
              """
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              date: 2023-11-11 14:28:46.0 +01:00
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          +body: """
            > If a company has bought and “loaned” or given their executives cars, phones, food and rent stipends, paid for lavish parties with friends clients, bought out their family’s “startup” and put their kids on the payroll, started their own charity that functionally does nothing, and employed people to be their personal butler assistant, and contracted out their everything to other friend’s businesses, then those are considered “expenses”. The actual profit has been “reinvested back into the business” and the tax is applied to what is basically pocket change because the money has been spent. It doesn’t matter that the gold toilet in the CEO’s personal office bathroom isn’t necessary, it still counts as an expense. The core problem persists, the only thing it just changes the numbers on the documents.\n
            \n
            The really annoying thing is this shit doesn’t fly for *small* businesses. I worked as an accountant for over ten years, for SME’s (small and medium enterprises), and there were extensive rules on what was and wasn’t allowed as an expense for tax purposes. There’s tax rules on cars, phones, etc given to executives that ensure *somebody* is paying tax on it, and there’s tax rules on capital investment/reinvestment in the business that separates it from business expenses for tax purposes (basically, tax is generally calculated based on what’s on the profit&loss, not the balance sheet, and investment is a balance sheet item).\n
            \n
            A lot of good could be done by ensuring large businesses are forced to comply by the same tax rules as small ones - and accountants for large businesses that try to hide the owner’s personal expenditure amongst business expenditure should be held to the same standards as accountants for small businesses. If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired. I’d have gotten arrested for fraud. Accountancy is a regulated profession, but the big accountancy companies often just ignore the regulations that would get a smaller company in a lot of trouble.\n
            \n
            So yeah, I broadly agree with you. This move by Germany is meaningless without some serious overhaul of how tax laws apply (or don’t apply) to large corporations and their accountants. Closing all the loopholes so there’s no legal route to reducing profit without genuine business expenses (not fake, made-up “expenses”) would make it much harder for companies to bend the rules to their favour.\n
            \n
            ~Disclaimer: all the above is based on my experience with accountancy in my own country. Legislation and tax rules vary by geography.
            """
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          > If I’d tried to deliberately pass off a gold toilet as a business expense for a client, I wouldn’t just have gotten fired\n
          \n
          But I'm guessing you probably wouldn't think twice about an invoice for a contracted architecture firm for renovation plans, or a plumber's parts and labor for extensive work. It's not like accountants are inspecting all the invoices and checking the boss' private bathroom for signs of excessively expensive and gaudy taste. Especially if you're a contracted third party. Do you even technically need to be on the same continent?
          """
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          date: 2023-11-11 18:05:11.0 +01:00
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      +root: App\Entity\EntryComment {#1707}
      +body: """
        Inspecting every invoice? No. Inspecting *large* invoices? Yes. Inspecting large invoices not related to cost-of-sales? Yes. For one of our larger clients, their annual audit took 75% of the accountancy staff, in addition to the auditing staff, because every invoice over a certain threshold had to be looked at.\n
        \n
        And if I’d seen an invoice for extensive renovations where some of the parts purchased looked questionable (like a solid gold toilet), I absolutely wouldn’t have taken that on faith as a genuine business expense that should be used to reduce profit, and would have questioned it. If there was a huge payment going out and no invoice to support it, I wouldn’t have taken it on faith that was a business expense. While it would have been up to my boss at the time whether it was included, it would have been negligent of me to see a massive invoice for something obviously excessive and *not* raise a query about its validity.\n
        \n
        And yes, if there were questions about whether something large and excessive had genuinely been installed in the office rather than the business owner’s private home (and a gold toilet would invite questions like that), my boss would have asked to go and have a look before signing off on it being a business expense. And even then, if the gold toilet was in the business owner’s work office, it would likely still have been considered personal expenditure when it’s quite clearly excessive and quite clearly only for him personally. We have tax rules in this country that where a proportion of a business expense is determined to be personal in nature, it gets added back into the profit when the tax is calculated. While typically this is stuff like a business owner using the company van to run personal errands, or a farmer where part of the electricity and water use for the whole property applies to the living quarters (this is often estimated, like saying “5% of motor expenses, 10% of power and water, etc”, but the principle is that if a percentage is personal not business, then it’s not deductible for tax purposes), it would also apply to the inclusion of a gold toilet for personal use in an otherwise business-related office renovation.
        """
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        date: 2023-11-11 18:36:13.0 +01:00
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    +body: """
      Understood! Thanks for the detailed insight, I appreciate it. I have witnessed business excess but I'm not in the financial professions, so the exact mechanics of how they get away with it were somewhat opaque to me. Breaking it up into small invoices across multiple companies and payments makes perfect sense though.\n
      \n
      It's also nice to know there are accountants who take this seriously enough to personally check.
      """
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      "@fiat_lux@kbin.social"
      "@OnionQuest@lemmy.ml"
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  +body: """
    No problem! :)\n
    \n
    I think there genuinely is an issue where large businesses just aren’t checked as thoroughly as small ones. It’s much easier to check every invoice over X when there’s only a few thousand invoices, compared to when there’s millions or even hundreds of millions of invoices. There’s also the fact that the value of X varies based on the size of the business. I had a few really tiny clients where X was 10, because for the size of the business and the revenue they did, 10 was significant. There were others where X was 1000. Obviously at both of those thresholds, a gold toilet is going to stick out - and for the tiny business, would probably also trigger a money laundering/fraud report (no accountant-client confidentiality when financial crimes are being committed. This is another area where the big firms are given a lot of leeway that small ones are not).\n
    \n
    So I can definitely see how for a megacorporation, the auditor may well conclude that no invoice for less than 1,000,000 is worth the effort of looking at, and it becomes quite easy to start sneaking through those gold toilets on <1,000,000 invoices if you know the auditor isn’t going to look at them.\n
    \n
    As much as I have my doubts about AI, I think accountancy and audit is one of those professions where it could be a useful tool. If an AI could run through all the invoices and just flag the ones that look weird, regardless of value, for a human to take a closer look at, it would make a measurable difference - assuming a sufficiently unbiased and correctly trained AI, of course!
    """
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    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    +image: null
    +parent: null
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    +body: """
      This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
      \n
      > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
      \n
      Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
      \n
      This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
      """
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  +body: "All nations are a sham. The new world is coming! Be part of the change for the natural flag of humanity as a whole."
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51 DENIED edit
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    +magazine: App\Entity\Magazine {#306}
    +image: null
    +parent: null
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      This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
      \n
      > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
      \n
      Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
      \n
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Show voter details
52 DENIED moderate
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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      This is great in theory, but many companies just redirect actual profits back into "expenses" like donations, bonuses, consultancy fees, etc. Whatever writes off more taxes.\n
      \n
      > This will apply to all such companies and large-scale domestic groups with turnover above 750 million euros ($800 million) per year.\n
      \n
      Yeah, OK. If they're doing that kind of turnover the business most certainly has an accounting department and financial "strategy" in place. If Germany wanted to make it real they would have approached it like GDPR fines where it is based on global *revenue*, not profits.\n
      \n
      This looks like political theater to me, and the unanimous party support seems to back that theory, but i don't have enough German ability or the desire to dig further.
      """
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
53 DENIED ROLE_USER
null
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
54 DENIED moderate
App\Entity\EntryComment {#2019
  +user: App\Entity\User {#2029 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#1720 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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  +image: null
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  +body: "Seems [kind of complicated](https://taxfoundation.org/blog/global-tax-agreement/) to me. Why don’t countries just unilaterally put tarriffs on imports from countries with (corporate) income taxes that are too low, as well as countries that don’t also have similar tariffs?"
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Show voter details
55 DENIED edit
App\Entity\EntryComment {#2019
  +user: App\Entity\User {#2029 …}
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    +name: "news@beehaw.org"
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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56 DENIED moderate
App\Entity\EntryComment {#2019
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      \n
      ---\n
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Show voter details
57 DENIED ROLE_USER
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Show voter details
58 DENIED moderate
App\Entity\EntryComment {#3171
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      ---\n
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      \n
      ---\n
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      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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    Global tax is complicated. A reprisal tariff regime would be way way way more complicated. The US doesn’t want to be in a position where it’s levying 50% tariffs on Guinness because Ireland’s corporate tax rate is 12.5%. How do you know that tariff is fair and would the WTO even recognize uneven tax rates as a sanctionable offense?\n
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Show voter details
59 DENIED edit
App\Entity\EntryComment {#3171
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
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      \n
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      \n
      ---\n
      \n
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  +root: App\Entity\EntryComment {#2019}
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    Global tax is complicated. A reprisal tariff regime would be way way way more complicated. The US doesn’t want to be in a position where it’s levying 50% tariffs on Guinness because Ireland’s corporate tax rate is 12.5%. How do you know that tariff is fair and would the WTO even recognize uneven tax rates as a sanctionable offense?\n
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60 DENIED moderate
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
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    +body: "Seems [kind of complicated](https://taxfoundation.org/blog/global-tax-agreement/) to me. Why don’t countries just unilaterally put tarriffs on imports from countries with (corporate) income taxes that are too low, as well as countries that don’t also have similar tariffs?"
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    Global tax is complicated. A reprisal tariff regime would be way way way more complicated. The US doesn’t want to be in a position where it’s levying 50% tariffs on Guinness because Ireland’s corporate tax rate is 12.5%. How do you know that tariff is fair and would the WTO even recognize uneven tax rates as a sanctionable offense?\n
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61 DENIED ROLE_USER
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62 DENIED moderate
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      \n
      News that is American but has an international facet may also be posted here.\n
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      \n
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      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
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      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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    +body: """
      Global tax is complicated. A reprisal tariff regime would be way way way more complicated. The US doesn’t want to be in a position where it’s levying 50% tariffs on Guinness because Ireland’s corporate tax rate is 12.5%. How do you know that tariff is fair and would the WTO even recognize uneven tax rates as a sanctionable offense?\n
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Show voter details
63 DENIED edit
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
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      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
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      \n
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      \n
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      \n
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      +body: "Seems [kind of complicated](https://taxfoundation.org/blog/global-tax-agreement/) to me. Why don’t countries just unilaterally put tarriffs on imports from countries with (corporate) income taxes that are too low, as well as countries that don’t also have similar tariffs?"
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      Global tax is complicated. A reprisal tariff regime would be way way way more complicated. The US doesn’t want to be in a position where it’s levying 50% tariffs on Guinness because Ireland’s corporate tax rate is 12.5%. How do you know that tariff is fair and would the WTO even recognize uneven tax rates as a sanctionable offense?\n
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      Global tax is complicated. A reprisal tariff regime would be way way way more complicated. The US doesn’t want to be in a position where it’s levying 50% tariffs on Guinness because Ireland’s corporate tax rate is 12.5%. How do you know that tariff is fair and would the WTO even recognize uneven tax rates as a sanctionable offense?\n
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66 DENIED moderate
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    What about ending coal?\n
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    [www.bbc.com/news/world-australia-57925798](https://www.bbc.com/news/world-australia-57925798)\n
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    [www.dw.com/en/…/a-65599113](https://www.dw.com/en/australias-labor-government-clears-first-new-coal-mine/a-65599113)
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    What about ending coal?\n
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Show voter details
68 DENIED moderate
App\Entity\EntryComment {#2164
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      \n
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      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      ---\n
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      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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    What about ending coal?\n
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Show voter details
69 DENIED ROLE_USER
null
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"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
70 DENIED moderate
App\Entity\EntryComment {#2118
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ACCESS ABSTAIN
Show voter details
71 DENIED edit
App\Entity\EntryComment {#2118
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
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      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
72 DENIED moderate
App\Entity\EntryComment {#2118
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      News that is American but has an international facet may also be posted here.\n
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      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Social media should be a source of last resort.\n
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      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
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75 DENIED edit
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  +body: "Seriously. There have been about as many civilians killed in Ukraine, since February 2022. Nearly two years vs one month. One is a war, and one is very clearly an attempted genocide in progress."
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78 DENIED moderate
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80 DENIED moderate
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Show voter details
82 DENIED moderate
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    I can’t really bee nice here, so pardon the language, but as a second generation Fijian Australian…\n
    \n
    Fucking LMAO. Australia is an outsized emitter of greenhouse gasses, let alone the hidden emissions caused by how much oil and gas we export. Scott Morrison, the former PM, even went to the Pacific forum during his incumbency and essentially mocked them regarding this. This turn from the Labor government is probably one of the starkest demonstrations of liberal diversionary political theatre and colonial violence.\n
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ACCESS ABSTAIN
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ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
83 DENIED edit
App\Entity\EntryComment {#2039
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
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          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
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      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    I can’t really bee nice here, so pardon the language, but as a second generation Fijian Australian…\n
    \n
    Fucking LMAO. Australia is an outsized emitter of greenhouse gasses, let alone the hidden emissions caused by how much oil and gas we export. Scott Morrison, the former PM, even went to the Pacific forum during his incumbency and essentially mocked them regarding this. This turn from the Labor government is probably one of the starkest demonstrations of liberal diversionary political theatre and colonial violence.\n
    \n
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ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
84 DENIED moderate
App\Entity\EntryComment {#2039
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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    I can’t really bee nice here, so pardon the language, but as a second generation Fijian Australian…\n
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
85 DENIED ROLE_USER
null
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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Show voter details
86 DENIED moderate
App\Entity\EntryComment {#2368
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
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          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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Show voter details
87 DENIED edit
App\Entity\EntryComment {#2368
  +user: App\Entity\User {#1350 …}
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
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      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
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      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
88 DENIED moderate
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Show voter details
89 DENIED ROLE_USER
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
90 DENIED moderate
App\Entity\EntryComment {#2543
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
91 DENIED edit
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
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Show voter details
92 DENIED moderate
App\Entity\EntryComment {#2543
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ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
93 DENIED ROLE_USER
null
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ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
94 DENIED moderate
App\Entity\EntryComment {#3107
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
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      \n
      ---\n
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ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
95 DENIED edit
App\Entity\EntryComment {#3107
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      \n
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      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
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      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
96 DENIED moderate
App\Entity\EntryComment {#3107
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      \n
      ---\n
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      ##### Guidelines for submissions:\n
      \n
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          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
97 DENIED ROLE_USER
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
98 DENIED moderate
App\Entity\EntryComment {#2616
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    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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ACCESS DENIED
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"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
99 DENIED edit
App\Entity\EntryComment {#2616
  +user: App\Entity\User {#2630 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#2617 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
100 DENIED moderate
App\Entity\EntryComment {#2616
  +user: App\Entity\User {#2630 …}
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  +magazine: App\Entity\Magazine {#306
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
101 DENIED ROLE_USER
null
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"Symfony\Component\Security\Core\Authorization\Voter\RoleHierarchyVoter"
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
102 DENIED moderate
App\Entity\EntryComment {#2690
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
    +rules: null
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
103 DENIED edit
App\Entity\EntryComment {#2690
  +user: App\Entity\User {#2703 …}
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  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
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      \n
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          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
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ACCESS DENIED
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ACCESS ABSTAIN
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ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
104 DENIED moderate
App\Entity\EntryComment {#2690
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
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      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
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      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
105 DENIED ROLE_USER
null
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"Symfony\Component\Security\Core\Authorization\Voter\RoleHierarchyVoter"
ACCESS DENIED
"App\Security\Voter\EntryCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
106 DENIED moderate
App\Entity\EntryComment {#2764
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  +magazine: App\Entity\Magazine {#306
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
    +rules: null
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
107 DENIED edit
App\Entity\EntryComment {#2764
  +user: App\Entity\User {#2777 …}
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  +magazine: App\Entity\Magazine {#306
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    +name: "news@beehaw.org"
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
    +rules: null
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    Who cares. Fuck your war and drama games you use for control and power. All you can eat dirt for eternity.\n
    \n
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    \n
    Quick relying on monetized death so you can pretend you’re living under your nations protection.\n
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
108 DENIED moderate
App\Entity\EntryComment {#2764
  +user: App\Entity\User {#2777 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#2617 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    Who cares. Fuck your war and drama games you use for control and power. All you can eat dirt for eternity.\n
    \n
    Regular people need to start giving their lives to end the worlds war games and armies. Remember these people make money off it. It’s a business.\n
    \n
    Quick relying on monetized death so you can pretend you’re living under your nations protection.\n
    \n
    The world loves making kids terrorists… As long as their family can eat off the murder money.
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Show voter details
112 DENIED moderate
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Show voter details
113 DENIED ROLE_USER
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Show voter details
114 DENIED moderate
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      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
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      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
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Show voter details
115 DENIED edit
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
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Show voter details
116 DENIED moderate
App\Entity\EntryComment {#2912
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      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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Show voter details
117 DENIED ROLE_USER
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ACCESS ABSTAIN
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"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
118 DENIED moderate
App\Entity\EntryComment {#3072
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
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      \n
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      \n
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          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
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      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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ACCESS ABSTAIN
Show voter details
119 DENIED edit
App\Entity\EntryComment {#3072
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      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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      \n
      News that is American but has an international facet may also be posted here.\n
      \n
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      \n
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Show voter details
122 DENIED moderate
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123 DENIED edit
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      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Social media should be a source of last resort.\n
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127 DENIED edit
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      \n
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Show voter details
130 DENIED moderate
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Show voter details
131 DENIED edit
App\Entity\EntryComment {#3123
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
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      \n
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      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
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      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
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    Probably not, or at least to the people who could make a difference.\n
    \n
    The life long suffering and consequences of pollution this brings to people - This is a horrible situation. I’m honestly surprised there’s not better reporting of the people dying from this.\n
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
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ACCESS ABSTAIN
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ACCESS ABSTAIN
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ACCESS ABSTAIN
Show voter details
132 DENIED moderate
App\Entity\EntryComment {#3123
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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    Probably not, or at least to the people who could make a difference.\n
    \n
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    \n
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ACCESS ABSTAIN
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Show voter details
133 DENIED ROLE_USER
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ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
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Show voter details
134 DENIED moderate
App\Entity\EntryComment {#2986
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  +magazine: App\Entity\Magazine {#306
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      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
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      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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  +body: "Weird projection. If they are going to assassinate people for knowing in advance they should start with their own ranks, since [Egypt warned them](https://www.timesofisrael.com/egypt-intelligence-official-says-israel-ignored-repeated-warnings-of-something-big/) days beforehand."
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Show voter details
135 DENIED edit
App\Entity\EntryComment {#2986
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    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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  +body: "Weird projection. If they are going to assassinate people for knowing in advance they should start with their own ranks, since [Egypt warned them](https://www.timesofisrael.com/egypt-intelligence-official-says-israel-ignored-repeated-warnings-of-something-big/) days beforehand."
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"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
136 DENIED moderate
App\Entity\EntryComment {#2986
  +user: App\Entity\User {#2999 …}
  +entry: Proxies\__CG__\App\Entity\Entry {#2617 …}
  +magazine: App\Entity\Magazine {#306
    +icon: Proxies\__CG__\App\Entity\Image {#287 …}
    +name: "news@beehaw.org"
    +title: "news"
    +description: """
      Breaking news from around the world.\n
      \n
      News that is American but has an international facet may also be posted here.\n
      \n
      ---\n
      \n
      ##### Guidelines for submissions:\n
      \n
      - Where possible, post the original source of information. \n
          - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
      - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
      - Do not post ragebait or shock stories. These will be removed.\n
      - Do not post tabloid or blogspam stories. These will be removed.\n
      - Social media should be a source of last resort.\n
      \n
      These guidelines will be enforced on a know-it-when-I-see-it basis.\n
      \n
      ---\n
      \n
      For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
      \n
      ---\n
      \n
      This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
      """
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      date: 2023-10-02 01:54:27.0 +02:00
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  +image: null
  +parent: null
  +root: null
  +body: "Weird projection. If they are going to assassinate people for knowing in advance they should start with their own ranks, since [Egypt warned them](https://www.timesofisrael.com/egypt-intelligence-official-says-israel-ignored-repeated-warnings-of-something-big/) days beforehand."
  +lang: "en"
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  +favouriteCount: 33
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  }
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}
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS DENIED
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details
137 DENIED edit
App\Entity\Magazine {#306
  +icon: Proxies\__CG__\App\Entity\Image {#287 …}
  +name: "news@beehaw.org"
  +title: "news"
  +description: """
    Breaking news from around the world.\n
    \n
    News that is American but has an international facet may also be posted here.\n
    \n
    ---\n
    \n
    ##### Guidelines for submissions:\n
    \n
    - Where possible, post the original source of information. \n
        - If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.\n
    - Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.\n
    - Do not post ragebait or shock stories. These will be removed.\n
    - Do not post tabloid or blogspam stories. These will be removed.\n
    - Social media should be a source of last resort.\n
    \n
    These guidelines will be enforced on a know-it-when-I-see-it basis.\n
    \n
    ---\n
    \n
    For US News, see the [US News](https://beehaw.org/c/usnews) community.\n
    \n
    ---\n
    \n
    This community’s icon was made by Aaron Schneider, under the [CC-BY-NC-SA 4.0 license](https://creativecommons.org/licenses/by-nc-sa/4.0/).
    """
  +rules: null
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    date: 2024-10-22 04:08:57.0 +02:00
  }
  +markedForDeletionAt: null
  +tags: null
  +moderators: Doctrine\ORM\PersistentCollection {#278 …}
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  -id: 36
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    date: 2024-10-22 09:04:39.0 +02:00
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    date: 2023-10-02 01:54:27.0 +02:00
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}
"Scheb\TwoFactorBundle\Security\Authorization\Voter\TwoFactorInProgressVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\EntryVoter"
ACCESS ABSTAIN
"App\Security\Voter\MagazineVoter"
ACCESS DENIED
"App\Security\Voter\MessageThreadVoter"
ACCESS ABSTAIN
"App\Security\Voter\MessageVoter"
ACCESS ABSTAIN
"App\Security\Voter\NotificationVoter"
ACCESS ABSTAIN
"App\Security\Voter\OAuth2UserConsentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostCommentVoter"
ACCESS ABSTAIN
"App\Security\Voter\PostVoter"
ACCESS ABSTAIN
"App\Security\Voter\UserVoter"
ACCESS ABSTAIN
Show voter details