News for hackers. Stuff that matters.

A comment on Apple's cash hoard swells to $246B. Parent comment

Re:Apple's cash hoard swells to $246B by gnarbarian on Saturday April 15, 2017 @03:05PM (#14122246)
That is one of the most ridiculous US tax laws we have. Even though we're only taxed on income over 100k.
[ Parent | on HN ]
Re:Apple's cash hoard swells to $246B by briandear on Saturday April 15, 2017 @07:49PM (#14123502)
Actually earned income over 100k. Unearned income is taxed from the first dollar -- including things like social security benefits, capital gains and more.
[ Parent | on HN ]
Re:Apple's cash hoard swells to $246B by cylinder on Saturday April 15, 2017 @04:48PM (#14122776)
You're confusing it with citizenship based taxation which is a different infuriating issue. Most countries tax your global income when you're a resident.
[ Parent | on HN ]
Re:Apple's cash hoard swells to $246B by X-Istence on Sunday April 16, 2017 @09:31AM (#14125717)
Most countries don't tax you though when you are NOT a resident.

Dutch citizen working and living in the US does not file taxes in The Netherlands. US citizen living and working in The Netherlands does file taxes in the US.

[ Parent | on HN ]