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Tim Cook Calls Apple's Tax Avoidance Accusations 'Total Political Crap'
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I assume you just don't know. Before continuing posting , is suggest you google "Ireland corporate tax avoidance" all the big companies are doing it, and it's common knowledge in Europe. Feel free to do your own research and work out what "US taxes are not being paid" I'm not doing that for you. Though trust me, if you bother to read the facts instead of blindly defending Apple, today you will realise companies that base themselves out of Ireland are doing it for tax avoidance reasons, and by the definition of the term, payment of tax is Being avoided
So let's at least be educated adults here and agree it's tax avoidance.
I assume you just don't know. Before continuing posting , is suggest you google "Ireland corporate tax avoidance" all the big companies are doing it, and it's common knowledge in Europe. Feel free to do your own research and work out what "US taxes are not being paid" I'm not doing that for you. Though trust me, if you bother to read the facts instead of blindly defending Apple, today you will realise companies that base themselves out of Ireland are doing it for tax avoidance reasons, and by the definition of the term, payment of tax is Being avoided
So let's at least be educated adults here and agree it's tax avoidance.
Yeah, yeah. Nice cop out.
No one else does.
The Ireland stuff is immoral tax avoidance to be fair.
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Law as stated is not moral/immoral. It is political. Ireland wants/needs the money. Realize that.
Putin invading Crimea is political and military.
Apple is at least leaving out the military. For now. They can afford to hire Blackwater.
There's not a more despicable or a more greedy company. They try finding all the ways to screw the system in any way they can. But when other companies try to do the same thing to them, they cry foul, and take them to court. I love how some here are saying, if it's legal, I'm ok with it. I wonder if these same people are ok with corporations claiming bankruptcy multiple times and receiving bailouts from govt money?
Companies can base themselves where their customers are and pay tax properly. They don't have to be based in Ireland.
You can not compare the tax burden of a corporation and a private individual. In almost every tax system, private individuals are taxed a much higher percentage of their income, than corporations are of their revenue.
You do not have to do any fancy legal work to pay less taxes than you do, all you have to do is be a corporation. I have my own small one-man corporation in Norway and my effective tax percentage of revenue is about 10-12%.
Setting up an Irish consulting firm would be easy and your max tax rate would be 15% and it would be very easy to bring it down to single digits. The problem is when you try to take money out of the company as salary or dividends. Then you are hit with taxes both in Ireland and in the US.
So you accumulate assets. In this case in the tens of $Billions. Too bad so sad. Change tax law or get over it.
In the mean time, SHUT UP!!
Legal? Yes. Moral? No. U2 do the same thing to avoid paying Irish taxes. I don't think people would be as upset if it weren't for the fact that Apple and U2 paint themselves as having high morals and lecture others when they both are hypocrites.
This is similar to Apple publicly supporting LGBT rights and wanting laws to prohibit LGBT discrimination in the U.S. but having no problem doing business in countries that have zero LGBT rights for its citizens.
This is similar to Apple publicly supporting LGBT rights and wanting laws to prohibit LGBT discrimination in the U.S. but having no problem doing business in countries that have zero LGBT rights for its citizens.
Immoral is subjective and based on perspective of the world.
Apple isn't breaking the law - they are doing their very best to make as much money within the laws for shareholders as possible. As a USA company - that is their responsibility - you guys understand that right?
Most of you don't realize you're just in your feelings like woman.
What exactly does Apple do that paint themselves as high morals?
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Of course, Apple is declaring their foreign income and their taxes to the IRS. If you read their 10-K they even mention their tax liability, which is about $24 billions.
As a company you do your very best to minimalize your taxes and save + earn as much money as possible. Nothing tomorrow is guaranteed.
Clearly - some of you have never been to school or have 0 experience with operating a business at a national + global level.
You can't sit here and say you run a business or you are an employee of a company - and pay your taxes like a good citizen and compare yourself to Apple...
Where are you brains?
Clearly - some of you have never been to school or have 0 experience with operating a business at a national + global level.
You can't sit here and say you run a business or you are an employee of a company - and pay your taxes like a good citizen and compare yourself to Apple...
Where are you brains?
Not read all the post (almost 300 now) but this is a big deal here in Australia. First yes I agree they are not breaking the law but as it stands Apple in 2014 pay just 1% tax here which is not good. I do think governments around the world need to work this out and it's not just Apple. Many companies are dong like wise and many countries around the world are loosing out on billions in tax.
Why are people here so ignorant? Yes, its legal what Apple is doing but its plain wrong. We're not Apple lawyers arguing the law, we're citizens who pay our fair share of tax while big companies like Apple can cheat because they're able to buy the government.
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Ehhm, no they don't.
Money made in USA is fully taxed and paid for.
Money made overseas is kept overseas and that's perfectly legal and even reasonable.
Apple WANTS to move this money to the USA to pay the bills, buy companies, etc. but it doesn't have to and doesn't want to at 40%.
And they are totally right.