Linked by Thom Holwerda on Tue 21st May 2013 21:45 UTC
Legal "There's a disconnect between how Apple CEO Tim Cook sees his company's tax strategies and how some members of the US Senate view it. That became clearer than ever today after Cook and two other Apple executives testified before Congress, explaining why they're holding most of their international income in Irish subsidiaries like Apple Operations International, which declare no tax residency anywhere in the world. AOI hasn't filed a tax return anywhere in the world for the last five years, yet it earned $30 billion in income from 2009 to 2012, according to a Senate report released yesterday." Just because something is legal, doesn't mean it's just. Apple, Google, Microsoft, and many more - these companies might not be breaking any laws, but it's obvious to anyone that what they are doing is scummy.
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RE: Why is Apple evil?
by BushLin on Wed 22nd May 2013 11:55 UTC in reply to "Why is Apple evil?"
BushLin
Member since:
2011-01-26

Or... more likely that governments are finally acting after decades of apathy because they're being pressured into it by their citizens, the press and lack of tax income.

I'll assume that you, as a citzen are happy to cover the tax not paid by a very profitable company operating very successfully in your nation.

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