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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Why is Apple evil?
by ronaldst on Tue 21st May 2013 23:36 UTC
ronaldst
Member since:
2005-06-29

They're just following rules and regulations set out by governments.

And now governments are unhappy because things aren't going the way they planned and need more money to cover up their massive mess.

Boohoo!

http://daringfireball.net/linked/2013/05/21/mccain

Hilarious.

Edited 2013-05-21 23:39 UTC

Reply Score: 2

RE: Why is Apple evil?
by BushLin on Wed 22nd May 2013 11:55 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.

Reply Parent Score: 3

RE[2]: Why is Apple evil?
by ronaldst on Wed 22nd May 2013 19:07 in reply to "RE: Why is Apple evil?"
ronaldst Member since:
2005-06-29

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.

Nah. It's a too complicated unrealistic scenario. Think kindergarten simple. We're talking about humans here.

The reality here is that the US federal government deeply needs revenue and now it's got to get off its arse to clean up some of its own mess.

No one is getting hurt. Only the intolerant/bored people are getting emotionally hurt. Personally, I find it hilarious.

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

I am covering my fellow citizens. The problem is corrupt government as usual. Central planning at it's finest.

Reply Parent Score: 2

RE: Why is Apple evil?
by JAlexoid on Fri 24th May 2013 07:30 in reply to "Why is Apple evil?"
JAlexoid Member since:
2009-05-19

They're just following rules and regulations set out by governments.

And now governments are unhappy because things aren't going the way they planned and need more money to cover up their massive mess.


No the governments are unhappy that the rules are used not for their intended purposes, aka abused.

Reply Parent Score: 2