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I'm rather sure your criticism is ill-founded: the money they're talking about moving to (US) Apple Inc is actually profit of other companies also named Apple
by jjtheblunt 9y ago
I'm rather sure your criticism is ill-founded: the money they're talking about moving to (US) Apple Inc is actually profit of other companies also named Apple homed in other countries, of course related to (US) Apple Inc and set up by the original, but with profits already taxed (your point: at questionable rates) in those home countries. They could just reinvest those profits in THOSE countries rather than the US. I imagine folks in those other countries might be sore that Apple <Other Country> isn't locally investing.
- revelation 9y agoThey should probably stick away some of it under the cushions of their Irish sofa, what with that $13B EU tax bill still pending. But you are correct of course, that money are the proceeds from their tax evasion schemes overseas.