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A comment on Cork-based Apple contractors 'who heard chat on Siri' lose jobs. Parent comment

Re:Cork-based Apple contractors 'who heard chat on Siri' los... by nodesocket on Thursday August 29, 2019 @07:13PM (#20834603)
There is a lot of misinformation and ignorance on how much Apple pays in taxes, especially in Ireland. I see snarky comments on HN all the time about Apple using tax havens and not paying their fair share of US taxes.

The most detailed and accurate article about Apple's tax liabilities that I have seen was published in Fortune[1]. It explains how multinationals actually are liable for US based corporate tax for ALL income all over the world, but there are two exemptions. One based around deferring tax payments and the other is for earnings from operations (not capital gains, etc) used to re-invest and grow the business.

[1] https://fortune.com/2017/10/31/trump-tax-reform-apple-multin...

[ Parent | on HN ]
Re:Cork-based Apple contractors 'who heard chat on Siri' los... by hoi on Thursday August 29, 2019 @10:59PM (#20835624)
Whilst article is accurate in terms of the US tax situation for Apple, it doesn;t really explain how it keeps it's foreign tax payments to ~$2B off ~$40B in revenue.

That's where some people are disgruntled about companies such as Apple paying their fair share.

[ Parent | on HN ]