EU top court confirms Apple's €13 billion tax bill in the EU

Re:EU top court confirms Apple's €13 billion tax bill in the EU by okwhateverdude on Tuesday September 10, 2024 @04:31PM (#41505185)

> You're free to renounce American citizenship to escape future tax obligations.

The hilarious thing about this statement is that it costs a few thousand dollars to renounce (as in a fee, paid to the embassy) and they reserve the right to come get you up to ten years later in tax cases.

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Re:EU top court confirms Apple's €13 billion tax bill in the EU by codethief on Tuesday September 10, 2024 @05:36PM (#41505850)

And IIRC there is some law saying that if you renounce citizenship to avoid taxation, you might never be able to enter the US again.

EDIT: https://en.m.wikipedia.org/wiki/Reed_Amendment_(immigration) (Thanks, ChatGPT!)

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