Re:The Story of Apple's $14B Tax Bill
by nodamage on Tuesday December 20, 2016 @05:14PM
(#13224680)
> A significant portion of those profits were shifted overseas to avoid taxation within the US.
In Apple's case this is not true at all. The money they are holding in Ireland comes from profits generated overseas, not from profits made in the US. (This is all well documented from the Senate investigation into Apple's finances a few years back.)
In Apple's case this is not true at all. The money they are holding in Ireland comes from profits generated overseas, not from profits made in the US. (This is all well documented from the Senate investigation into Apple's finances a few years back.)