CTT 0.88% $2.30 cettire limited

can't believe some of the midwits on twitter, its basic...

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    can't believe some of the midwits on twitter, its basic arithmetic they are clearly paying sales tax.

    lets assume roughly 50% of sales are currently into US, using the data on SEMrush as a proxy.
    https://www.semrush.com/analytics/overview/?q=cettire.com&searchType=domain

    9 months reported sales for cettire = $545.2m

    assumed US sales = $272m

    average US sales tax rate = 6.5%

    expected US sales tax collection = $17.719m

    Actual US sales tax remitted = $17.1m, collected $18.1m

    i can't believe some of the crap people post on twitter and pass off as analysis.

    the numbers line up EXACTLY as you would expect. you cannot backpay illegally avoided sales tax. they have been paying.

 
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