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While <1% is correct it's over two magnitudes too large. Saying <0.01% would be more informative. "The EU head office said that Ireland granted such lavish tax
by eesmith 2y ago
While <1% is correct it's over two magnitudes too large. Saying <0.01% would be more informative.
"The EU head office said that Ireland granted such lavish tax breaks to Apple that the company's effective corporate tax rate on its European profits dropped from 1 percent in 2003 to a mere 0.005 percent in 2014." https://apnews.com/article/apple-european-union-tech-b1575db8c8c03e5ac8dcd32f94f7984f https://apnews.com/article/apple-european-union-tech-b1575db...