Re:How Apple Sidesteps Billions in Taxes
by yummyfajitas on Saturday April 28, 2012 @06:14PM
(#3904287)
Tech companies want repatriation amnesty so they can invest the money in the US. I have no idea why we want to prevent them from doing this.
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Re:How Apple Sidesteps Billions in Taxes
by FireBeyond on Sunday April 29, 2012 @02:48AM
(#3905334)
So they can invest -some- of the money in the US.
And pay salaries, bonuses and dividends with the rest - without paying the appropriate corporate income tax rate first. That's why.
Re:How Apple Sidesteps Billions in Taxes
by yummyfajitas on Sunday April 29, 2012 @12:22PM
(#3906302)
The profits were earned in Ireland. Why is the "appropriate" corporate income tax owed to the US greater than zero?
Should Guinness also pay the US taxes for profits earned in Ireland?