4 ms·
It's very difficult to sell phones to Americans while thumbing your nose at the American legal system.
by ThrustVectoring 11y ago
It's very difficult to sell phones to Americans while thumbing your nose at the American legal system.
- foota 11y agoJust like it's difficult to sell anything to Americans while thumbing your nose at taxes? Oh, wait....
- ams6110 11y agoWho is thumbing their nose at taxes? I'm pretty certain Apple pays all the taxes it is obligated to pay.
- foota 11y agoThe comment was not directed at Apple's tax avoidance, but rather at the fact that most people don't care about what companies do. Regardless, this is a quote from Apple's 2015 10K filing (whatever that is) "The Company’s effective tax rates for 2015, 2014 and 2013 differ from the statutory federal income tax rate of 35% due primarily to certain undistributed foreign earnings, a substantial portion of which was generated by subsidiaries organized in Ireland, for which no U.S. taxes are provided when such earnings are intended to be indefinitely reinvested outside the U.S. The higher effective tax rate during 2015 compared to 2014 was due primarily to higher foreign taxes. The effective tax rate in 2014 compared to 2013 was relatively flat."