4 ms·

Except, you know, all the sales tax collected in their retail channels. And employment taxes on their 80,000 domestic employees. And property taxes. And real-

Except, you know, all the sales tax collected in their retail channels. And employment taxes on their 80,000 domestic employees. And property taxes. And real-estate fees. And government testing. And the obscene amounts of duties they pay importing every single thing they make. That's just for the U.S., in every other country they do business those apply as well (with exception of perhaps the import duties for business done in China).

delinka 8y ago
That's tax they might generate, but most of that is not tax paid by Apple. Consumers pay sales tax and duties go right into the price of the products, employees pay income tax...
- ryanmercer 8y ago
  >That's tax they might generate, It's tax that would not have been paid if Apple did not exist. >and duties go right into the price of the products, And if the government said "Apple must now pay 50% on every dollar they make" guess what would go right into the price of the products... >employees pay income tax. Business owners must pay the federal government 6.2% of every dollar their worker makes until that annual salary reaches $113,700. Then 1.45% of all pay regardless of how high it goes for medicare. And unemployment insurance in whatever state.
  - delinka 8y ago
    >It's tax that would not have been paid if Apple did not exist. You can credit Apple with generating those taxes, but they don't get credit for paying that tax on their profits. >"Apple must now pay 50% on every dollar they make" guess what would go right into the price of the products... Yes, Apple's prices would go up to compensate, and consumers would be footing the bill. >Business owners must pay the federal government 6.2% of every dollar their worker makes ... Business owners must collect that amount, so my pay is reduced by that amount - I am paying that tax, the employer is just the tax man's agent.
  - themihai 8y ago
    You can also credit Apple for the companies that will never see the light because Apple had the tax advantage(not to mention some of its abusive practices towards competition/little guy)
    - ryanmercer 8y ago
      >You can also credit Apple for the companies that will never see the light because Apple had the tax advantage(not to mention some of its abusive practices towards competition/little guy) You can also credit Apple for the countless iOS developers that have made anywhere from a living to a fortune, that have all paid taxes on their earnings, that have also created likely hundreds of thousands of jobs for everything from customer support to developers inside those iOS development companies, all of which have had income and thus paid taxes, directly as a result of Apple existing.
    - scarface74 8y ago
      Because the little guy could have created an operating system, a global supply chain, designed thier own processors, etc. if it wasn’t because of Apple?
r3bl 8y ago
> Apple Inc., which is based in California, set up two companies in Ireland: Apple Sales International and Apple Operations Europe. According to the European Commission, these companies had no employees or real offices but still realized large profits. Apple paid virtually no tax to Ireland, or to any country, on these profits because of a former law in Ireland. In the last year that the law was in effect, 2015, Apple Sales International paid just 0.005% tax, according to the commission. > When Apple sold iPhones, iPads, and Macs in an EU single-market nation, such as France, the commission said Apple would funnel the profits from France to Ireland and would not pay tax in either country.
willtim 8y ago
The tax deal Apple made with Ireland between 1991 and 2015 allowed them to avoid tax on almost all profits across the EU, booking the profits in Ireland rather than the country of sale and paying less than 1% corporation tax (0.005% in 2014). Given that most of their tech stack comes from publicly funded research, the system is clearly broken.
- ttoinou 8y ago
  Given that most of their tech stack comes from publicly funded research, the system is clearly broken. You're right, no research should be publicly funded
  - willtim 8y ago
    Public funding is needed for any research with long timescales and no quick route to monetisation. It has given you and Apple, for example, the internet, the world-wide-web, GPS and touch-screen displays.

delinka 8y ago

That's tax they might generate, but most of that is not tax paid by Apple. Consumers pay sales tax and duties go right into the price of the products, employees pay income tax...

ryanmercer 8y ago
>That's tax they might generate, It's tax that would not have been paid if Apple did not exist. >and duties go right into the price of the products, And if the government said "Apple must now pay 50% on every dollar they make" guess what would go right into the price of the products... >employees pay income tax. Business owners must pay the federal government 6.2% of every dollar their worker makes until that annual salary reaches $113,700. Then 1.45% of all pay regardless of how high it goes for medicare. And unemployment insurance in whatever state.
- delinka 8y ago
  >It's tax that would not have been paid if Apple did not exist. You can credit Apple with generating those taxes, but they don't get credit for paying that tax on their profits. >"Apple must now pay 50% on every dollar they make" guess what would go right into the price of the products... Yes, Apple's prices would go up to compensate, and consumers would be footing the bill. >Business owners must pay the federal government 6.2% of every dollar their worker makes ... Business owners must collect that amount, so my pay is reduced by that amount - I am paying that tax, the employer is just the tax man's agent.
- themihai 8y ago
  You can also credit Apple for the companies that will never see the light because Apple had the tax advantage(not to mention some of its abusive practices towards competition/little guy)
  - ryanmercer 8y ago
    >You can also credit Apple for the companies that will never see the light because Apple had the tax advantage(not to mention some of its abusive practices towards competition/little guy) You can also credit Apple for the countless iOS developers that have made anywhere from a living to a fortune, that have all paid taxes on their earnings, that have also created likely hundreds of thousands of jobs for everything from customer support to developers inside those iOS development companies, all of which have had income and thus paid taxes, directly as a result of Apple existing.
  - scarface74 8y ago
    Because the little guy could have created an operating system, a global supply chain, designed thier own processors, etc. if it wasn’t because of Apple?

r3bl 8y ago

> Apple Inc., which is based in California, set up two companies in Ireland: Apple Sales International and Apple Operations Europe. According to the European Commission, these companies had no employees or real offices but still realized large profits. Apple paid virtually no tax to Ireland, or to any country, on these profits because of a former law in Ireland. In the last year that the law was in effect, 2015, Apple Sales International paid just 0.005% tax, according to the commission. > When Apple sold iPhones, iPads, and Macs in an EU single-market nation, such as France, the commission said Apple would funnel the profits from France to Ireland and would not pay tax in either country.

willtim 8y ago

The tax deal Apple made with Ireland between 1991 and 2015 allowed them to avoid tax on almost all profits across the EU, booking the profits in Ireland rather than the country of sale and paying less than 1% corporation tax (0.005% in 2014). Given that most of their tech stack comes from publicly funded research, the system is clearly broken.

ttoinou 8y ago
Given that most of their tech stack comes from publicly funded research, the system is clearly broken. You're right, no research should be publicly funded
- willtim 8y ago
  Public funding is needed for any research with long timescales and no quick route to monetisation. It has given you and Apple, for example, the internet, the world-wide-web, GPS and touch-screen displays.