Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Services provided, persons employed, employees paid etc is all the same whether Ambani owns the shares or Chinese VCs do. Ambani would no more share his profits with other Indians than Chinese VCs would. Both would be subject to the same taxes on income earned in India. Maybe Ambani reinvests some of his profits in India; but for all we know he might choose to do so outside India.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: