There are successful companies that don't make profits, such as twitter, uber, amazon. My question is:
Can a company just reinvest lots of money to avoid making a profit and avoid paying tax?
From my economy 101 class I remember that you can only reinvest with money after paying a tax on profits.
What am I missing?
Reason for asking is that a company I was working for often refused to raise salaries on the ground of low profits while sales were great. Perhaps low profits was the result of a strategy instead of a sign of weakness.