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>I’m sure you would find Apple pays plenty in American taxes. I found Apple incorrectly reports to investors taxes paid. "For example, in fiscal year 2011, on
by danjoc 9y ago
>I’m sure you would find Apple pays plenty in American taxes.
I found Apple incorrectly reports to investors taxes paid.
"For example, in fiscal year 2011, on its 10-K reports filed with the U.S. Securities and Exchange Commission, Apple said it paid $6.9 billion in taxes to the U.S. government, but on its tax return filed with the U.S. Internal Revenue Service, it reported taxes due of $2.5 billion, the report said."
https://www.infoworld.com/article/2614464/techology-business/senate-report--apple-claims-subsidiaries-to-avoid-paying-billions-in-taxes-each-y.html https://www.infoworld.com/article/2614464/techology-business...
So yeah, I'm sure you think they pay a lot of money.
>35% is a huge haircut to take on money earned outside the United States.
30% is a huge haircut to take on money earned outside the app store, but Apple still demands that too. Suddenly Apple's in favor of taxes. Developer taxes.
- macintux 9y agoWhat’s more likely? That the SEC ignored Apple blatantly lying to shareholders or that the Senate subcommittee doesn’t actually understand how corporate taxes work? Given that I cannot find any follow-up to that story, I don’t know which if either is correct, but I am skeptical.
- toasterlovin 9y agoAll I can say is thank God we live under the rule of law and not the rule of the mob.