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Something in the article that made me go: "Wait, what?" Apple is paying 17% average tax rate, and is in red, yet Coca-Cola does the same, yet is in green. Wha
by X-Istence 9y ago
Something in the article that made me go: "Wait, what?"
Apple is paying 17% average tax rate, and is in red, yet Coca-Cola does the same, yet is in green.
What gives?
- adamnemecek 9y agoApple presumably invests more.
- jasonlotito 9y agoThe image in the article you are referring to is not from the article. Rather, it's from L2Inc. Why they have them in? I don't know, but at a quick glance, the video this was sourced from was specifically talking about those bottom 4 companies.
- eridius 9y agoI noticed that too. The graphic is also missing all context, like what countries the companies are paying taxes in, which matters because different countries have different tax rates, and just because one company is paying more taxes than another doesn't mean it's doing any more to "pay [its] fair share to the national economies", it might just mean that it has more revenue in countries with higher tax rates.
- zeep 9y agomaybe it's 16.5% VS 17.4%?