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Is this the case, though? How much profit is generated by Irish Apple customers compared to the giant amount of tax paid in the country due to Apple being there
by robertlagrant 2y ago
Is this the case, though? How much profit is generated by Irish Apple customers compared to the giant amount of tax paid in the country due to Apple being there?
- pmontra 2y agoNot so giant. You can check https://en.wikipedia.org/wiki/Apple%27s_EU_tax_dispute https://en.wikipedia.org/wiki/Apple%27s_EU_tax_dispute which is updated with the latest ruling. The dispute was about taxes from 2004 to 2014. I wonder how much they'll owe to Ireland for the next ten years. > Apple only paid an effective corporate tax rate that declined from 1% in 2003 to 0.005% in 2014.
- robertlagrant 2y agoAgain though, you're only counting corporation tax. Apple has generated far more tax revenue than that.