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Most of Apple’s money is made abroad. Is there a reason why it should come back to the US at a loss for the stock holder?
by laurent92 6y ago
Most of Apple’s money is made abroad. Is there a reason why it should come back to the US at a loss for the stock holder?
- TedDoesntTalk 6y ago> why it should come back to the US They are a US company, reaping the tax benefits of that nexus. If they'd been an EU company, they would have paid a lot more in various taxes (including higher wage taxes) over the last 40 years. IOW, they would not be as wealthy a company today.
- RhodoGSA 6y agoThe US is one of the only countries that taxs worldwide income.
- TedDoesntTalk 6y agoThat is true now but has not been true for all of the last 40 years that Apple has been in business. And you're ignoring wage taxes and employee benefits, which are significantly higher in some other nations.
- eliseumds 6y agohttps://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement
- jokethrowaway 6y agoIt's way more complicated than that. Tons of countries tax worldwide income.
- deleted 6y ago[deleted]
- t0mas88 6y agoThey also pay EU (and many other) wage taxes since those are all paid in the location of employment. This cash discussion is all about corporate tax.