News for hackers. Stuff that matters.
Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ... by ip26 on Friday April 05, 2019 @04:09PM (#19586520)
We don't need to know what the right number is exactly to know that $1 is not a good faith estimate of the value of IP licensed from Apple USA to Apple France (for a somewhat hypothetical example). As far as I understand many of the games hinge on tricks like that.
Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ... by baddox on Saturday April 06, 2019 @01:08AM (#19589361)
But my point remains. Does anyone expect Apple to just voluntarily contribute more so that fewer people are upset about their so-called loopholes? That just doesn’t make much sense. They could voluntarily contribute 80% of their profits and there would still be complaints from people who think that the correct ethical amount of taxation is more than that.