The $1.1 billion isn't profit. They're selling an asset (the .org rights). That ... | Hacker News

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		matt4077 on Nov 30, 2019 \| parent \| context \| favorite \| on: ISOC sold the .org registry to Ethos Capital for $... The $1.1 billion isn't profit. They're selling an asset (the .org rights). That transaction should be entirely neutral in terms of profit/loss.

abbadadda on Nov 30, 2019 | [–]

In what world are the majority of asset sales untaxed? Look at stocks, bonds, bitcoin, homes, art, gold, silver... All assets and all taxable upon realized gains and losses.

grenoire on Nov 30, 2019 | | [–]

P&L is the basis for corporate income taxes. There are many other taxes, such as capital gain.

foobarbazetc on Nov 30, 2019 | [–]

Nah.

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