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It is exactly how it works. Apple has been taxed on the profits that make up their giant cash balance. Once that is paid out to investors through dividends or t
by pathseeker 8y ago
It is exactly how it works. Apple has been taxed on the profits that make up their giant cash balance. Once that is paid out to investors through dividends or to employees through payrolls, it will get taxed again.
- throwaway190102 8y agoYou're right about dividends, but payroll comes out before profit calculations.