marktheknife

12 ms·

1.
by marktheknife 5y ago
What was your road into software engineering? I’m a lawyer now, and make pretty good money, but I can’t quit the thoughts of how much better legal tech could make it. So I’ve found myself interested in software but not wanting to drop my pa
2.
by marktheknife 5y ago
The tax part is pretty inaccurate. If you use business IP and transfer it to Delaware you will not avoid California tax on income from that IP. The unitary business and formulary apportionment approach of California income tax (also the dom
3.
by marktheknife 10y ago
I'm going to quibble a bit, hopefully not in an annoying fashion. The distinction is that the tax system does not give a deduction to individuals who are spending their money on personal "consumptive" reasons. By and large, t
4.
by marktheknife 10y ago
You could have done it just a few years ago. The international tax rules are tightening though, so you've missed the boat.
5.
by marktheknife 10y ago
It doesn't appear there was one. Apple used a loophole in Irish tax laws that meant Ireland wouldn't tax certain income. It sounds like Ireland apparently acknowledged in a ruling this was a correct reading of the tax laws, which
6.
by marktheknife 10y ago
You would now that they've changed their law. You would not have even a few years back. Apple's structures are a correct reading of international tax rules. The rules should be changed; Apple should not be punished for following t
7.
by marktheknife 10y ago
In general, U.S. reduces its tax by $1 on foreign income for every $1 of foreign taxes paid on it. So if Apple decides to repatriate the money after paying foreign taxes on it, the U.S. is in effect paying for the increased money going to t
8.
by marktheknife 10y ago
You're wrong, Sangnoir. The IRS has a 3 year statute of limitations on most audits (beginning from date of filing return or date filing was due), 6 years if essentially the numbers on the tax return are way off, and unlimited if there