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Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales by loxs on Monday July 01, 2019 @10:43AM (#20325712)
All tax is ultimately paid by the end user. Do you prefer to have 20% more expensive iPhones, that is the actual question.
Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales by kevcampb on Monday July 01, 2019 @10:45AM (#20325745)
If I am another company competing against Apple and paying my share of taxes, then yes.
Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales by AnthonyMouse on Monday July 01, 2019 @10:49AM (#20325796)
More to the point, if you fold corporate income tax into VAT then maybe you pay more for iPhones, but then you pay less for all domestic products (assuming the total tax revenue remains the same), and so the primary consequence is only removing the relative disadvantage for domestic companies.
Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales by nagisa on Monday July 01, 2019 @10:58AM (#20325899)
If it means a sensible social services – yes.
Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales by loxs on Monday July 01, 2019 @11:50AM (#20326578)
Does it?
Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales by pjc50 on Monday July 01, 2019 @11:42AM (#20326467)
No, it could be taken from the amount gained by Apple shareholders.
Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales by loxs on Monday July 01, 2019 @11:51AM (#20326581)
Yeah, and that won't reflect in the price of the products, right?
Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales by pjc50 on Monday July 01, 2019 @12:06PM (#20326744)
Why would it? Prices are set by the market, and profit is a dependent variable?