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Re:Apple Reports First Quarter Results by adventured on Thursday February 01, 2018 @06:09PM (#16286833)
It's actually how corporations work in nearly all developed nations today (with a few exceptions such as France and Japan).

Sweden has a 20% corporate income tax rate. Finland is at 22%. Denmark is at 24.5%. The UK is at 17.5%. The average rate in Europe is 18%, in Asia it's 20%.

Re:Apple Reports First Quarter Results by samfisher83 on Thursday February 01, 2018 @07:14PM (#16287184)
https://taxfoundation.org/corporate-income-tax-rates-around-...

It is 26% in europe. Maybe it has changed a lot in the last few years.