3 ms·
Accusation of "withholding taxes" is weird. Generally accepted standard is that income is taxed in a country that it originated. When Apple sells iPhones in EU
by mamon 7y ago
Accusation of "withholding taxes" is weird. Generally accepted standard is that income is taxed in a country that it originated. When Apple sells iPhones in EU through the EU-registered subsidiary, it pays taxes in EU, as it should. The fact that US demands that income to be additionally taxed in the US is just American weirdness, no other country in the world does that. US can get away with it only because of its military power (so it basically is an extortion).