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This is crazy, but I actually have a comment about Apple's response, not a political rant on the general idea of taxation. Apple includes "income taxes withhel
by abalone 15y ago
This is crazy, but I actually have a comment about Apple's response, not a political rant on the general idea of taxation.
Apple includes "income taxes withheld on employee stock gains" in "Apple's" tax payments. But aren't these employees' income tax, not Apple's? Is this another instance of creative accounting?
Sure, Apple can claim that they helped create that income, just like they helped create the job. But I'm talking specifically about their claim that they are a "top payer of U.S. income tax" because of their employees' tax obligations.