or Connect
New Posts  All Forums:

Posts by Russell

  Absolutely. That "foreign" subsidiary was created by, wholly controlled by, receives support by, and benefits, an American company. The profits from the foreign subsidiary are included in who's quarterly reports which are filed where?     Legal or illegal is irrelevant. The tax law is screwed up and it needs to be fixed. If other companies are using the loophole, then they are just as slimy as Apple.     Who needs numbers? They currently pay near $0, it obviously needs...
  Profits yes. I never said sales tax. You're putting words in my mouth.     Being made in the US would be good for the country. Apple has already started to do that. They obviously think the cost difference is negligible.
    All of those products sold in other countries were designed and engineered where?   A European vacation for consumers is not the same thing. We go there to spend money. Businesses go there to make money.
  Product prices are already as high as they think customers are willing to pay. Increasing taxes will not change it.
jragosta and tzeshan need to do their homework.     Because Apple is a company based out of the US, ALL of their overseas profits are subject to tax.     Apple paid 2% in taxes on $36.8B of foreign revenue for fiscal 2012 http://forums.appleinsider.com/t/154084/apple-paid-2-in-taxes-on-36-8b-of-foreign-revenue-for-fiscal-2012       Since Apple benefits immensely from our country's infrastructure (court system, roadways, immigration, utilities,...)...
  The rates are fine, whatever it is 35%. Remove the loopholes which makes their effective rate 10.75%   The $55b is what Apple has left over after paying expenses which include salaries. Employees will not be paying taxes from it.
  Yahoo's numbers are questionable. Apple admitted paying $6b for 2012.   Now, looking at Apple's 2012 income of $55.763b before taxes (Yahoo was close on that one), and knowing they paid $6b, Apple's tax rate was 10.75%. Much too small for any company or person.   And the have the gall to tell congress they need a "tax holiday" on their overseas profits before they will spend it in the US.       Apple Not Bringing Overseas Cash Back Home, Blames U.S. Tax...
  Let them. Their talent will not follow them to a second or third world country.
  So true. The 2 lane road not for heavy vehicles is not the same thing.   It would be more telling if we knew the starting location and the destination to see if Apple maps recommends the same route.
New Posts  All Forums: