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Is it broken up that way? Do the US sales of Apple get taxed in the US, and European sales of Apple get taxed in Europe?
by MuffinFlavored 6y ago
Is it broken up that way? Do the US sales of Apple get taxed in the US, and European sales of Apple get taxed in Europe?
- Strom 6y agoIndeed it is. I have an European Apple account and all my purchases get billed by Apple Distribution International Ltd. [1] which is an Irish company. -- [1] https://www.apple.com/ie/contact/ https://www.apple.com/ie/contact/
- valuearb 6y agoApples foreign sales and profits are taxed in every country they sell in. - then the remaining profits are taxed again by the US government when Apple repatriates them to the US. - Then the remainder are taxed again by the state Apple reports them in. - Then they are taxed again by the federal government when Apple shareholders receive the remainder as dividends. - Then they are taxed once more by the Shareholders state, finally allowing the shareholder to spend (or reinvest) what remains.