You're throwing demagogic, populist accusations without a single shred of support. Is emotional discourse an acceptable replacement for the rational one?
You're throwing demagogic, populist accusations without a single shred of support. Is emotional discourse an acceptable replacement for the rational one?
What should the tax rate be on the interest from billions in savings? Apple isn't' forcing Ireland to build roads or spend any government moneys to allow it to make Irish bank deposits. it's a completely legal arrangement for both Ireland and Apple.
It's crap like this that forced the UK out of the EU. Nothing the EU does is going to force Apple to move it's savings to Germany or France so they can impose high taxes on their interest. That cash will go to Asia first.
http://www.europarl.europa.eu/RegData/etudes/STUD/2015/55877...
How agressive tax planning works:
http://www.europarl.europa.eu/RegData/etudes/IDAN/2015/56344...
https://ec.europa.eu/taxation_customs/sites/taxation/files/r...
No offense, but you just try to "wash out" the discussion in the "whole tread" with the same generalized arguments over and over again - by simply deny the fact.
Talking any further make no sense.
Apple actually has a large reserve for taxes it owes when it repatriates it's foreign profits. It's choosing to legally defer that tax by waiting, just like a private citizen defers taxes by not selling profitable stocks before the end of the year, or by keeping money in their 401K instead of withdrawing it.
Deferral isn't evasion. It's an important legal part of the tax system to incentivize savings.
It's like saying Porsche should pay US income taxes on cars it builds in Germany because it sells them in the US. Porsche pays sales taxes, import duties, etc, etc, everything it requires. It's profits on it's U.S. marketing and distribution operations are minimal, so it should pay minimal US corporate income tax.