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If they are only making 100m in profit of that 6b in revenue, then a 40% tax rate sounds about right.
by sputknick 14y ago
If they are only making 100m in profit of that 6b in revenue, then a 40% tax rate sounds about right.
- vacri 14y agoThe point is that Apple in Australia is basically just a retail arm. The idea that a retail arm has running costs of 97% is purely ludicrous - particularly the retail arm of the richest company in the world, the one of whom everyone talks about how much money they have and how dominant they are.
- xenophanes 14y agoHow is it Apple's fault that Australia has accounting and tax laws that you consider ludicrous?
- vacri 14y agoPerhaps you should read my comment again and have another go at finding what it was that I thought was ludicrous.