abriden

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abriden
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  • EU presses Apple for details on latest tax arrangements in wake of Paradise Papers


    abriden said:
    Amazing, not a single comment that actually condemns Apple for its morally reprehensible approach to taxation. The legalities may be contentious, but damn it, the ethics that Apple and other global companies, super-rich individuals and organised crime (what great bedfellows) use are beneath contempt.


    That's because they have a moral and legal obligation to their shareholders which supersedes any imaginary obligation to pay taxes that they aren't required to pay.

    If you want to blame someone, blame your lawmakers.  They're the ones who created the loopholes, mostly for the benefit of their friends and cronies.  Now, when someone they don't like takes advantage of those same loopholes, they get all high horsed.

    The tax avoidance schemes are based on the dishonest manipulation of profits between 'legal entities' with barely more than a business-address offshore rather than 'real businesses' with infrastructure and genuine costs — that only remains legal because the companies in question are allowed to lie about the costs they are offsetting.
    frankie
  • EU presses Apple for details on latest tax arrangements in wake of Paradise Papers

    abriden said:
    Amazing, not a single comment that actually condemns Apple for its morally reprehensible approach to taxation. The legalities may be contentious, but damn it, the ethics that Apple and other global companies, super-rich individuals and organised crime (what great bedfellows) use are beneath contempt.

    Bshank ...suggesting that Apple should cut and run is missing the point. Firstly, Apple are not paying enough tax so they do not have the moral high-ground here, even over the rightly despised EU; Secondly, you clearly have no idea of what the EU market is worth to Apple. 

    For those who defend the likes of Apple, think how many more teachers, hospital beds, police and firemen, carers, etc your country could afford if these organisations paid their way properly and honestly.
    Amazing. Someone who registered and made their first post just to assert that Apple is “morally reprehensible” because they are organizing their finances to reduce the taxes they are obliged to pay.  If you’re in the US, I hope you are morally consistent and don’t put any money in tax-favored investments or take advantage of tax deductions. 
    I fail to see how the number of posts I've made is relevant. What is morally wrong is that these companies are failing to pay tax on massive profits by using secret mechanisms to obscure profits and offset them against unspecified fees that are completely unsubstantiated.
    gatorguyfrankie
  • EU presses Apple for details on latest tax arrangements in wake of Paradise Papers

    Amazing, not a single comment that actually condemns Apple for its morally reprehensible approach to taxation. The legalities may be contentious, but damn it, the ethics that Apple and other global companies, super-rich individuals and organised crime (what great bedfellows) use are beneath contempt.

    Bshank ...suggesting that Apple should cut and run is missing the point. Firstly, Apple are not paying enough tax so they do not have the moral high-ground here, even over the rightly despised EU; Secondly, you clearly have no idea of what the EU market is worth to Apple. 

    For those who defend the likes of Apple, think how many more teachers, hospital beds, police and firemen, carers, etc your country could afford if these organisations paid their way properly and honestly.
    frankiecropr