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Groupon loses $42.7m in Q4, shares tumble

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Headmaster

"Why pay tax on a loss"?

Because a multinational corporation's tax bill is determined individually for each country. For example, say they make a $10m profit in the UK but a $20m loss in the US. They operate at a loss overall and pay no tax in the US, but are still taxed on their UK profits.

This being a company that sells things, there are also sales taxes to consider.

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