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Corporate tax in China is 25% Corporate tax in Apple land is 30% Funny?
by WhereIsTheTruth 1y ago
Corporate tax in China is 25%
Corporate tax in Apple land is 30%
Funny?
- xuki 1y agoTax is only on profit, Apple "tax" in 30% (15% in some cases) of revenue.
- deleted 1y ago[deleted]
- whatevaa 1y agoComparing apples (pun intended) to... a country? Profit vs revenue.
- WhereIsTheTruth 1y agoI used "Apple land" deliberately, a single unelected gatekeeper stealing 30% straight off the top line feels more authoritarian than China's 25% on profit If Apple were a country, it wouldn't just be authoritarian, it'd be a dictatorship with a 30% flat tax on revenue, no appeals, and the power to erase your business overnight Hence the parallel, but yeah fair point, I wrote the comment too fast