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> Apple, pay your fng taxes Tim Cook says Apple is the U.S.'s largest taxpayer. http://www.washingtonpost.com/sf/business/wp/2016/08/13/2016/08/13/tim-cook-th
by hackuser 10y ago
> Apple, pay your fng taxes
Tim Cook says Apple is the U.S.'s largest taxpayer.
http://www.washingtonpost.com/sf/business/wp/2016/08/13/2016/08/13/tim-cook-the-interview-running-apple-is-sort-of-a-lonely-job/ http://www.washingtonpost.com/sf/business/wp/2016/08/13/2016...
- joshschreuder 10y agoDoes that mean they should only have to pay enough to be considered the largest? Or perhaps they should pay what the legislation dictates, regardless of how much that is.
- MichaelBurge 10y agoThey probably are paying what the legislation dictates, and no more. If they aren't, it's the IRS' job to enforce that and apply the appropriate penalties, not commenters on HN.
- coldtea 10y ago>If they aren't, it's the IRS' job to enforce that and apply the appropriate penalties, not commenters on HN. If the IRS doesn't do its job because e.g legislators leave loopholes, or are in bed with big corps, then it's up to "commenters on HN" to call both on them. That's what being a citizen is about.
- AlphaSite 10y agoNo one outside of the US cares, they should pay taxes in each country in which they deign to do business.
- MBCook 10y agoThey did. Then the EU retroactively decided it wasn't enough. Even Ireland (the county the money is supposedly owed to) says it's ridiculous.
- hackuser 10y ago> Even Ireland (the county the money is supposedly owed to) says it's ridiculous. Ireland is accused (and convicted) of giving illegal tax benefits to Apple. Of course they don't like the verdict.
- randyrand 10y agothe people of Ireland should be the ones responsible for how they tax their constituents. It's crazy people support the EU telling a sovereign country how to tax their citizens. of course, that's supposedly what they signed up for by joining the EU. it's no wonder countries want to leave it tho. who voluntarily decides to give up their soverignity?
- hackuser 10y ago> who voluntarily decides to give up their soverignity? Everyone who chooses not to live in anarchy; it's a very normal and healthy thing to do. Groups of people cooperate to agree on rules that achieve situations far superior to anarchy, where might makes right and little progress is made. My various levels of localities "give up" sovereignty to national government, which "gives up" sovereignty to international institutions. My person "gives up" sovereignty to all of the above. That way we can coordinate things on a local, national, and international scale as needed, from taxes to trade to health care to nuclear disarmament. In this case, Europeans felt the need to agree on rules to prevent a race to the bottom in tax benefits to corporations. Everyone benefits by following these rules.
- deleted 10y ago[deleted]
- jpna66dd 10y ago0.005% is what they paid in 2014 according to the EU Commission, giving them an unfair competitive advantage towards other companies who cannot afford to set up complex schemes to avoid paying taxes like them. A EU country can decide their own tax rate, but not favor a particular company over all the others. http://europa.eu/rapid/press-release_IP-16-2923_en.htm http://europa.eu/rapid/press-release_IP-16-2923_en.htm
- madeofpalk 10y agoFWIW, he say's Apple is the worlds largest tax payer. But perhaps they should still be paying more - but that's a discussion for another time.