It's the difference between a business and an individual. Individuals pay taxes on incomes. Corporations pay taxes on profits, so they can have arbitrarily large incomes while maintaing zero profits.
"Profit" is either "money you haven't spent yet" or "money you need to return to investors". Modern corporations have been telling investors to eat a bag of salted peanuts lately, so they really don't care about returning profits to investors. So if "profit" is just "money you haven't spent yet", you're better off spending it before you pay taxes, because then you get to spend X% more.
The individuals running the company are presumably compensating themselves lavishly to run a company with no profits.
"Profit" is either "money you haven't spent yet" or "money you need to return to investors". Modern corporations have been telling investors to eat a bag of salted peanuts lately, so they really don't care about returning profits to investors. So if "profit" is just "money you haven't spent yet", you're better off spending it before you pay taxes, because then you get to spend X% more.
The individuals running the company are presumably compensating themselves lavishly to run a company with no profits.