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Apple runs a business that is owned by shareholders. Do you think it’s wrong for any company to maximize tax advantages while also following every US and foreign tax law to the letter?

Why should they pay more tax than they have to? Apple is already the largest taxpayer in he world.

Welcome to business.

I don’t think it is wrong to do that. I do think it is wrong when so many of the executives and directors express political views about how we need high domestic taxes to support their social welfare and social justice programs. I call that hypocritical.
 
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I don’t think it is wrong to do that. I do think it is wrong when so many of the executives and directors express political views about how we need high domestic taxes to support their s
social welfare and social justice programs. I call that hypocritical.
Who and what specifically are you talking about? Cook has called for higher taxes on personal income? Doubt it.

Apple creates thousands of jobs and billions in value to shareholders. There are worse companies in the world. Get over it, honestly. Apple does a phenomenal job.
 
Apple runs a business that is owned by shareholders. Do you think it’s wrong for any company to maximize tax advantages while also following every US and foreign tax law to the letter?

Why should they pay more tax than they have to? Apple is already the largest taxpayer in he world.

Welcome to business.
Is that the only job it has to do? Just make profits and take care of the investors? It's one of the largest company. It should use it's power to do something good for humanity, civilization. You can always make money, the right way or the wrong way. I would rather prefer Apple to to make 10B every year in the right way to making 200B using all wrong ways.
 
They're based in Ireland because of the unparalleled innovation ecosystem and greatly qualified human resources there.

Not because of tax deals.

/s

Ireland’s technical sector is substantial in Cork and has been since Ireland was cutting these same kinds of tax deals for the burgeoning transatlantic airline industry in the first half of the 20th century.

They were primarily an agricultural nation but with a high education rate, and decided to attract technical business to diversify the nation’s economy. And they speak English, the native language of the computer industry. They are also host to many American biotech and medical companies’ European divisions. Some pretty serious R&D happens there.

But sure, pretend that snark is effectively masking your stupidity.
 
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Is that the only job it has to do? Just make profits and take care of the investors? It's one of the largest company. It should use it's power to do something good for humanity, civilization. You can always make money, the right way or the wrong way. I would rather prefer Apple to to make 10B every year in the right way to making 200B using all wrong ways.

What exactly do you do for humanity besides suck up air and food? With so many problems in the world, here you are just sitting on your ass, pointing fingers at others.

People who tell others how to spend their money and utilize their success, should proceed directly to the hardware store and sit on the gardening implement of their choice.
 
What exactly do you do for humanity besides suck up air and food? With so many problems in the world, here you are just sitting on your ass, pointing fingers at others.

People who tell others how to spend their money and utilize their success, should proceed directly to the hardware store and sit on the gardening implement of their choice.
You just validated my point :) As a single human individual, we are too powerless do anything. But what about a company that has stashed 200B? Shouldn't it use its power and flex muscles to bring betterment to the world? Is that wrong to expect?
 
You just validated my point :) As a single human individual, we are too powerless do anything. But what about a company that has stashed 200B? Shouldn't it use its power and flex muscles to bring betterment to the world? Is that wrong to expect?
Well i suppose stashing away that $200 billion is keeping inflation slightly lower.

Of course, i'm talking of the general inflation rate. Not the iPhone inflation rate.
 
Yep. Who are Apple trying to kid here? They have some staff in Ireland, but not that many, and the massive tax dodge the Irish government gave them effectively made those employees free.

And all the decision making staff were placed in London...

Wrong. The decision making staff is in Cupertino, UK is a different department than manufacturing in Ireland... they report directly to the Mothership.
 
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Is that the only job it has to do? Just make profits and take care of the investors? It's one of the largest company. It should use it's power to do something good for humanity, civilization. You can always make money, the right way or the wrong way. I would rather prefer Apple to to make 10B every year in the right way to making 200B using all wrong ways.
That is their number 1 job, yes.

Apple is one of the most responsible companies on earth. They run on renewable energy. Their products are recyclable. They stand up for privacy and human rights.

What do you want?

They don't make their money "in all the wrong ways."

I'm starting to think you have no clue what you're talking about.
 
If the wholesale cost of every Apple product purchased in physical stores throughout Europe, Africa and MiddleEast, PLUS the retail cost of every product purchased online in the same region, is booked in Ireland as Apple's distribution center, how is that laundering? It's called single market.
As long as you pay the corresponding Irish tax rate on that money and don’t transfer it to the Netherlands, back to Ireland and at last to some fictional head office that isn’t physically located anywhere in the world, so you could avoid paying taxes at all on practically everything of it, I wouldn’t call it laundering either.

But let’s not reproach Apple with their questionable business practices of the past. Now that the European Union put an end to the double Irish with a Dutch sandwich Apple is finally paying every penny they owe, like Cook always said. Oh, wait: I hear Apple shifted their scheme to Jersey when investigations over their Irish deals started? Well, it still doesn’t qualify to be called money laundering in legal terms, right?
 
Launder? 6000 employees in Ireland are more than they have in most European, African and MiddleEastern countries (if not all of those countries, except perhaps UK).

How is it laundering if the Ireland operation is the wholesaler for the whole region? For Apple's own retail stores and third-party suppliers like the Media Mart chain?

https://www.irishtimes.com/business...ds-global-sales-of-119bn-in-ireland-1.3283066

€119bn *global* sales is run through Eire where they have 6000 staff. That is moral if not legal money laundering.

PS I founded, own and run a private stock-based limited liability company without the capital to play such games - so unfortunately I have to pay all my taxes (company, employee, wage and sales), but at least it goes back society rather than to the bank... But I'm not jetting around on some moral crusade either.
[doublepost=1529432350][/doublepost]
You're incorrect in saying they are the lowest as a percentage of income. Apple isn't even close. They are generally around 25%, actually among the highest. You actually have no clue what you're talking about.
Do you have a source for that? I am unable to find any reports that detail the actual amounts paid WW by Apple.
 
https://www.irishtimes.com/business...ds-global-sales-of-119bn-in-ireland-1.3283066

€119bn *global* sales is run through Eire where they have 6000 staff. That is moral if not legal money laundering.

PS I founded, own and run a private stock-based limited liability company without the capital to play such games - so unfortunately I have to pay all my taxes (company, employee, wage and sales), but at least it goes back society rather than to the bank... But I'm not jetting around on some moral crusade either.
[doublepost=1529432350][/doublepost]
Do you have a source for that? I am unable to find any reports that detail the actual amounts paid WW by Apple.
Sec.gov

Their tax rate is public information. Just admit you were wrong and let’s move on.
[doublepost=1529432739][/doublepost]
Fake News. Might as well tell us the real reason you're there little buddy.
Why? He’s probably there for multiple reasons, including this.

That “little buddy” is one of the most powerful men on Earth, doing a fantastic job, proven with data. What are your credentials?
 
I’m surprised he has the ego to come into Europe! Must of had to go and find his make believe office for his tax evasion..

Can’t believe he’s gloating about how they support all these jobs.. like the car industry!
Well then again if they ‘support’ over 1.7 million jobs, it’s even more pathetic they are incapable of updating the Mac range or making an iOS version that’s not stuffed full of bugs :rolleyes:

Perhaps he needs to go back to the US and moan at Trump about things that ONLY affect his business, of course whilst claiming Apple isn’t political, wonder how much they’ve paid to lobby politics as of late?

http://9to5mac.com/2018/06/19/tim-cook-immigration-iphone-tariff/

I don’t know though if Jobs was constantly meeting with the American president and politicians of the time though?
 
"Double Irish with a Dutch sandwich" who can forget those words. Apple is pretty famous for saying they created all these jobs but really never did.
 
That is their number 1 job, yes.

Apple is one of the most responsible companies on earth. They run on renewable energy. Their products are recyclable. They stand up for privacy and human rights.
What do you want?
They don't make their money "in all the wrong ways."
I'm starting to think you have no clue what you're talking about.
And their brainwashing PR is even more impressive, apparently.
Cook better cancel this endearment-fieldtrip and, instead of wasting time in Europe, direct his full range of charms towards D. Trump as the US Trade War is Apple's highest business challenge currently. If he has a clue of what's important for Apple, that is.
 
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ps. Oh yeah, and not having any retail stores in the Republic of Ireland but have their distribution warehouses/offices/online stores based there, just seems a bit 'unusual'. There's 4 in Scotland (similar population size to EIRE) and even 1 in Northern Ireland.

Yes it is, it really is.

It’s believed that if they had a store in Ireland. It would be classed as retail presence (by EU). It is further believed. That the loop hole or construct found by the Irish government / advised indirectly or by way of letter of comfort given by Irish Revene Commissioners to Apple, would technically come undone if Apple had an Apple store in Ireland - as it may hinge on some technical EU legal point around retail.

Which back in the day thirty years was not a concern for Apple.

I don’t know the exact detail but I’ve wondered about this for years, long before any the tax controversy erupted in the media until one day the answer came thus because of the revelations.
 
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Yeah, everything is a conspiracy/lie.

Apple now globally powered by 100 percent renewable energy
https://www.apple.com/newsroom/2018/04/apple-now-globally-powered-by-100-percent-renewable-energy/
Sure. Nothing like citing their own press release for an unbiased look at their stellar efforts to thwart climate change.

https://www.forbes.com/sites/alexep...ples-100-renewable-energy-usage/#fe38571189c6

http://industrialprogress.com/the-truth-about-apples-100-renewable-energy-usage/
 
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