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Companies don't need special tax exemptions to write off losses.

Typically, expenses directly reduce income without any need for a special exemption.




> Companies don't need special tax exemptions to write off losses

There are places where selling certain product types below cost isn't OK, Wal-Mart got into trouble for this in Germany:

https://www.latimes.com/archives/la-xpm-2000-sep-09-fi-18061...


Interesting, I hadn’t heard of that one.

Relevant:

> Wal-Mart’s prices were matched and even undercut by the Aldi and Lidl food chains, which also were ordered to cease selling below cost or face fines of about $445,000 for each product sold in violation of the order.

They probably still would have lost, our supermarket system is very cut-throat ;)


That's so interesting. Thanks for sharing.


This is called price dumping. First time I've heard of any action being taken to prevent it though.

https://en.wikipedia.org/wiki/Dumping_(pricing_policy)




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