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These are profits which are not being made within the US I am guessing? This is something that seems to be glossed over but it's a really important distinction
by jjn2009 10y ago
These are profits which are not being made within the US I am guessing? This is something that seems to be glossed over but it's a really important distinction to be made.
Apple's actions seem pretty reasonable, if you worked and lived abroad as a US citizen would you be very happy if Uncle Sam reached into your back pocket for a cut of your income after paying into the local tax system? This is essentially what they are asking of Apple.. the US government should get a cut of transactions which never took place in the US.
- xbmcuser 10y agoAny american citizen that does not live in the US still has to pay taxes if they have to pay I don't see why apple or other corporations can or should get out of paying it.
- jjn2009 10y agoI doubt any sane person keeps their US citizenship for very long if they are living and working abroad. Apple should move out of the US in my opinion if they are going to get taxed on transactions outside of the US.