News for hackers. Stuff that matters.

A comment on 5 Completely Insane Facts About the Apple Approach to Taxes. Parent comment

Re:5 Completely Insane Facts About the Apple Approach to Taxes by jellicle on Wednesday May 22, 2013 @11:02AM (#5751326)
You're confused about the meaning of "unethical". What Apple is doing is lawful, apparently. But it is certainly unethical at the same time; everyone has a moral duty to contribute to society and make it function, and Apple is shirking that duty.
[ Parent | on HN ]
Re:5 Completely Insane Facts About the Apple Approach to Taxes by k-mcgrady on Wednesday May 22, 2013 @11:20AM (#5751435)
It can't be unethical. They have a legal obligation to their shareholders to maximise profits so they don't have a choice. They can't pay more in taxes.
[ Parent | on HN ]
Re:5 Completely Insane Facts About the Apple Approach to Taxes by mikestew on Wednesday May 22, 2013 @12:00PM (#5751716)
They have a legal obligation to their shareholders to maximise profits

Please stop saying that. It's urban legend repeated by those that wish to excuse any corporate behavior.

(I'm more than willing to change my stance as soon as someone provides a link backing up the "legal obligation" argument.)

[ Parent | on HN ]
Re:5 Completely Insane Facts About the Apple Approach to Taxes by tzs on Wednesday May 22, 2013 @01:45PM (#5752487)
Apple pays around $6 billion per year in US income tax, which is more than any other company pays.
[ Parent | on HN ]