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Apple paid $10B in income taxes on $65B of income in FY 2019. In addition they paid billions in sales/vat/gst tax and various taxes associated with employees.
by rmah 7y ago
Apple paid $10B in income taxes on $65B of income in FY 2019. In addition they paid billions in sales/vat/gst tax and various taxes associated with employees. Apple's tax structure in Ireland was not "deemed illegal". The EU retroactively declared that an Irish tax law was invalid. Apple complied with the laws at the time they were operating.
As far as I'm aware, Apple (as do most large corporations) follows various tax laws in the various jurisdictions they operate in. If you feel those laws are unfair then you should lobby your government to change the laws. IMO, blaming companies for the laws they follow is not a good way to fix the problem you see.
- guelo 7y agoMy lobbying would be going up against Apple's multimillion dollar annual lobbying budget plus their massive propaganda reach. For example, I was opposed to letting Apple "repatriate" their international cash hoard but Apple was able to get that legislation passed after a multi-year lobbying and propaganda campaign. My email to my senator did not matter at all but theirs mattered a lot.
- millstone 7y agoSeems weird to single Apple out here. Apple routinely spends significantly less on lobbying compared to other tech companies. Facebook and Amazon both spent twice what Apple did, and Google 3x.