Re:Apple to Pay £3.8m Tax on £1.2bn UK Sales
by eptcyka on Tuesday July 02, 2019 @06:31AM
(#20333778)
Effectively or not, I expected to see more tax being paid purely because they'd have to pay VAT. Regardless of who effectively pays, they still have to transfer about 20% of all revenue gathered from selling to consumers. So I was curious as to why these numbers didn't add up. I'm perfectly ok with someone telling me why I'm wrong as well, I'm no accountant.
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