Free Republic
Browse · Search
General/Chat
Topics · Post Article

Tax Avoidance = Legal. Tax Evasion = Not Legal. Good for Apple. Our government would just spend it on Iran for hostages. If our Corporate Taxes weren't the highest in the world, they'd probably keep all their business here in the States. Maybe some day our Congress critters will figure it out. I doubt it.
1 posted on 10/04/2016 5:25:01 PM PDT by Beave Meister
[ Post Reply | Private Reply | View Replies ]


To: Beave Meister

Good!


2 posted on 10/04/2016 5:26:04 PM PDT by BunnySlippers (I Love Bull Markets!!!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

Show me a person who doesn’t do everything possible to avoid paying more taxes than they have to and I’ll show you a blithering, drooling, retarded moron.


3 posted on 10/04/2016 5:27:13 PM PDT by FlingWingFlyer (Forget the media's "endorsements" of Clintoon. They are unfit to be Americans. Vote Trump!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

You said “not legal”. I believe you meant “not illegal”, right?


5 posted on 10/04/2016 5:28:23 PM PDT by plain talk
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

Good for Apple. Makes Trump’s 900M pale in comparison.

If congress wasn’t so damn greedy, that money could be repatriated and putting people to work.


9 posted on 10/04/2016 5:33:43 PM PDT by AFreeBird (BEST. ELECTION. EVER!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

It ain’t news to us working stiffs that pay for the filth sneaking into America and supporting welfare for lazy human waste.

And us that pay for the pinched off welfare cases don’t like it any better.


10 posted on 10/04/2016 5:34:59 PM PDT by soycd
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Swordmaker

Another reason why Apple sucks.


14 posted on 10/04/2016 5:48:04 PM PDT by ImJustAnotherOkie
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

You tend to find the most “tax avoidance” in countries run by tax gouging tyrants.

A part of the story you will never hear about from the commie press.


15 posted on 10/04/2016 5:59:10 PM PDT by fruser1
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

Apple does not discriminate. It screws everyone equally...and the Millennials love it.


17 posted on 10/04/2016 6:03:54 PM PDT by txrefugee
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

How expensive would my phone have been otherwise?


20 posted on 10/04/2016 6:11:24 PM PDT by stayathomemom ( Read Shadow Men, The Progressive Virus, and The Marxist Playbook by Dr. Anthony Napoleon)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

Absolutely LEGAL and SMART.

The best was legal bedwetting.

We have the highest corporate tax rates in the US. They need to be lowered.


22 posted on 10/04/2016 6:29:43 PM PDT by aMorePerfectUnion
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister; dayglored; ~Kim4VRWC's~; 1234; 5thGenTexan; Abundy; Action-America; acoulterfan; ...
"Apple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion (£171.6 billion) of profit offshore last year." Good Grief, the economic ignorance is STRONG in this one. Apple did not "book" $218.55 Billion of "profit off shore" last year. Far from it. This reporter does not have the beginning of a clue about business, economics, or practically anything about Finance.

In 2015, Apple's WORLD WIDE REVENUE was $234 billion. The Net PROFIT after taxes— Apple's Effective Tax Rate in 2015 was 26.4%—was only $53.3 BILLION! Approximately 40% of that was earned in the United States and stayed here. Approximately 60% was earned overseas and is banked there, but is taxed HERE in the United States, but will be taxed even more at the rate of 35% if brought home to be invested in the United States!

This year, the ESTIMATED WORLD WIDE REVENUE (sales)—not what has been falsely called profits by the idiot author of this article—is a lower $218 Billion who thinks that ALL of the profits should be TAXED AWAY BY SOMEONE as he claims Apple is evading $65 Billion in taxes by nefariously keeping the money off shore, hidden away from the tax collectors" . . . but the margins are a bit lower this year so since last year, after deducting all the expenses of making all the products, advertising them and paying their employees, fees, regulatory costs, etc., Apple's NET PROFIT was only $53.3 billion, (that's the part that is taxable), the NET PROFIT will also be lower this year, but this idiot thinks that somehow Apple should somehow squeeze $65 billion out of a smaller NET PROFIT this year (my guess is around $50 billion).

However the split between the US and Off-Shore will remain about the same. . . and the American profits will remain in the US and invested HERE, not be sent off-shore. Apple wants to bring the money it has off-shore home, but it can't without being taxed exhorbitantly on money it has already earned and is, essentially Apple's savings. > — PING!


Apple TAX FUD
Ping!

The latest Apple/Mac/iOS Pings can be found by searching Keyword "ApplePingList" on FreeRepublic's Search.

If you want on or off the Mac Ping List, Freepmail me

23 posted on 10/04/2016 7:31:48 PM PDT by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Beave Meister

If their arrangements are legal, good for them. Same goes for Trump.


24 posted on 10/04/2016 7:55:30 PM PDT by beethovenfan (I always try to maximize my carbon footprint.)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson