I was wrong about the 25%. That was before the huge corporate tax cut in the US in 2017. Now the effective tax rate is around 14%.
Taxes paid in the US are extremely relevant, because that's where Apple books most of their profits from their European revenue. Apple makes relatively little profit in the EU.
We all undeyapples motivations, we just have a giant disagreement in how they persist in fulfilling their motives with greedy, anti consumer and anti competitive behavior to maximize their profits. You can have outlandish profits and reasonable profits
Post in thread 'Dutch Regulator Says Apple Shouldn't Force Dating Apps to Offer Separate App for Alternative Payments'
The irony here is that the primary beneficiary of the actions that you promote against Apple will be greedy, anti-consumer, and anti-competitive corporations. As I've said from the beginning. These laws and lawsuits are about billion dollar corporations trying to take power and profits from a trillion dollar corporation.
I think its great. Apple is being Apple using anticompetitive practices to fight a ruling on being anticompetitive and getting spanked for it. You know that 27% commission on payments through third parties is what pissed them off.
Profits Being booked in USA doesn’t prevent EU taxes being levied on profits they do in EU. And the EU commission did show apple did lower their profits artificially. That’s how the double Irish and similar structures function.
USA could have a 100% tax rate. Eu would still Levi the EU tax rate on any profits made by selling goods in EU. Then if apple is double taxed is apple’s problem with the us government. USA doesn’t have a right to claim EU taxes.
I haven't seen this complaint in a while. Bundled apps can all be removed from your homescreen. Many of them can be uninstalled.
Correct. You are just misinformed about how much of Apple's profits are booked in the EU.
Nope. Again, double Irish functions to move profits and defer taxes, not avoid them.
That's where the Irish part comes in. Those operating profits are booked in an Apple subsidiary that offsets those profits with the cost of licensing Apple's IP from Apple California. So that minimizes the profits that Apple is taxed on in Europe. But the revenue that Apple California gets from licensing it's IP to Apple Ireland is taxed in the US.
That’s not propaganda or made up. Otherwise EU would have lost on providing made up numbers. The number is from taxed payed on all EU profits after all costs in EU.
I’m not misinformed. Eu profits being booked in USA is just accounting magic with loopholes
That’s the biggest problem EU have. Apple Pays money from itself to itself. This is just accounting voodoo. This is why Ireland is used. Multiple EU states have threatened to implement a revenue tax on US based companies to prevent such loopholes unless USA agreed to a global minimum tax rate.
To think apple benefits the little guy is laughable.
It’s a lose, lose and apple will still get to collect fees and commissions, imo.
There's no accounting magic or loopholes with that part of the equation. That's literally how corporations work. They book revenue and expenses.
Nope. You've got the wrong part of the equation. This is the part that completely normal.
You tried to turn a phrase there, but it doesn't work. Apple has a number of pro-consumer policies. Particularly around privacy.
I disagree completely. You are promoting removing a choice from the market. Sideloading and third-party payments have many consumer consequences. For one example, a couple of my favorite Mac apps abandoned a native Mac interface in favor of cross platform UIs.
And how is it a lose lose? I get the option to use Apple Pay perhaps, or perhaps my local payment solution swish, use my carrier as payment or cards etc etc.
EU have them as well. One of apple’s worst policy is my information can potentially be accessed by The US government.
I promote 3d party payment solution. Side loading is a consequence that is likely to happen if EUCJ are dragged in
Well perhaps you should advocate some better regulation for payment solutions and consumer protections.
Yep. I'm certainly not against the EU or their privacy protections.
I have no desire to advocate for regulation. I'm just against billion dollar corporations lobbying to remove an option provided by the free market that benefits me.
Confusion? You can always use apple’s solution if the other options are confusing.
Well no options will be removed.
That's certainly a fantasy. Notwithstanding what the ACM wants. It's not all lollipops and rainbows.
