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> They pay tax where they earn it. No they don't. They employ offshore tax havens, shell companies and exploit various loop holes in order to avoid doing so. I
by willtim 9y ago
> They pay tax where they earn it.
No they don't. They employ offshore tax havens, shell companies and exploit various loop holes in order to avoid doing so. It's lawful yes. But it's immoral and unfair to smaller businesses who do pay their share. Buying an iPhone in Europe means less money for infrastructure, schools, hospitals and universities. The iPhone itself piggybacks on decades of tax funded research and development, yet Apple do not contribute back.
Apple are of course one of many corporations that employ these practices, but they are the largest and often market themselves as being ethical.
- sbuk 9y agohttps://www.apple.com/newsroom/2017/11/the-facts-about-apple-tax-payments/ https://www.apple.com/newsroom/2017/11/the-facts-about-apple...
- willtim 9y agoNot surprisingly, most information on this is outside apple.com: http://www.theguardian.com/news/2017/nov/06/apple-secretly-moved-jersey-ireland-tax-row-paradise-papers http://www.theguardian.com/news/2017/nov/06/apple-secretly-m...