Linked by Thom Holwerda on Sun 29th Apr 2012 12:22 UTC
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Member since:
2010-08-06
In cases such as these secondary taxing ought to kick in.
This is where the local shareholders is taxed on dividends.
But wait Apple rarely pay dividends. Recently dividends payout where very rare.
All the money sits in accounts somewhere.
Maybe there is something wrong with the profit reserves system then. Maybe if a rich company withhold massive amounts of dividends(billions of dollars) to long a reserve taxation ought to kick in.
Can I as a person earn income and put it in a profit reserve. Never.