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Re:Shaking Up the Diamond Industry by markdown on Saturday February 01, 2020 @06:26PM (#22213944)
How much do you think Apple pays the US govt in taxes? The US is held together by taxes on the working man and small businesses. Massive corporations don't pay their fair share.

How can you expect the tax situation to be better in Sierra Leone?

Re:Shaking Up the Diamond Industry by simonh on Saturday February 01, 2020 @07:44PM (#22214342)
Apple paid about $35bn in corporate income taxes globally in the last 3 years. Their effective global corporate tax rate is 24.6 percent and most of their taxes were paid in the US.
Re:Shaking Up the Diamond Industry by markdown on Sunday February 02, 2020 @05:27AM (#22216256)
Re:Shaking Up the Diamond Industry by simonh on Sunday February 02, 2020 @05:01PM (#22219757)
Yes that’s absolutely true, they do take advantage of international tax rules, but the insinuation that they pay almost no or very low overall corporate taxes is not true. I doubt the OP I was replying to expected the answer to be 24.6% of corporate income. I’ve got no objection to claims that’s too low, it’s a legitimate question, but let’s at least discuss this from an informed position.
Re:Shaking Up the Diamond Industry by basch on Saturday February 01, 2020 @10:58PM (#22215050)
Is that with or without payroll tax?
Re:Shaking Up the Diamond Industry by simonh on Sunday February 02, 2020 @04:58PM (#22219743)
It doesn’t include payroll taxes, import duties or VAT / sales taxes.
Re:Shaking Up the Diamond Industry by pmart123 on Sunday February 02, 2020 @07:13AM (#22216605)
Without.