Not dissimilar to the way Apple is targeting Spotify and other streaming supplier's free tiers. Is that how they use their tax minimisation dollars? To stop other companies from supplying a product that others want, so they themselves can charge for it and make more minimised tax dollars. Making out Apple to be a victim is risible.
Yeah, now you're sounding like a banana bender.
Get real. It's called competition. And corporate finances are far more complex than your naïve comment.
Hey, I'm a reasonable guy, I'll happily change my mind with some well argued reasoning, so please explain to me how using one's financial might to pay for the ad revenue lost if they refuse to allow ad supported streaming on Spotify, is classed as 'competition', to me it's the very model of a modern major general principal of anti-competitive behaviour.
The article says that Australia is going to investigate. They have not said that Apple or anyone else has broken the law to avoid taxes, yet. I would imagine though that they must think there is something there or why would they make the effort. Everyone is getting all defensive about our precious Apple being disrespected by this. I don't know if Apple or any other corporation has broken the law or not. It may even be what they think they could get away with. Apple probably has more lawyers on staff then the Australian government. So drag this on for a few years and everyone every where is eventually a winner. To all that are professing they are offended by this horrible act remind me of the same people who whine about the 35% tax in the U.S. Yes 35% is the max, but no one ever talks about the actual percentage paid, because it may come across as a reasonable amount in reality. Why anyone would not want a corporation to pay taxes is baffling. Unless of course they as an individual want to pick up the difference themselves.
There are many problems with your thinking.
First, you're off-topic, and you are using this story as a segue to grind an axe about your apparent preference or affection for Spotify. Maybe you should wait for the right story.
Second, don't offload your bias onto others to 'change your mind.' Again, if you want to start a bar brawl, go find the right pub.
Third, and finally, Apple makes shitloads of money, but ad revenue and iTunes are a very, very small part. Implying a cause-effect relationship between Australian tax-avoidance strategies and Spotify is, well, immature.
I find it so pathetic that these countries have to resort to extortion to try to make money. I'm willing to bet that what Apple is doing is 100% legal, but these countries are poopooed that Apple has more cash on hand than their entire economy. If I were Apple I'd leave and shut down any retail there and let the consumer inform their own democracies.
The thing is that purely local (non multinational) companies can't do fancy tax arrangements like funneling everything through their branch in Ireland or Singapore. So you end up putting local companies at a disadvantage against multinationals.
Yes, you want to let multinationals in to your economy, because some of them have great products, but you don't want to put your own companies at a disadvantage relative to them. That's just asking to have your local economy hollowed out. It needs to be, as much as possible, an even playing field.
Just as I suspected, you are the one who was happy to challenge my Spotify comment by saying that that is what competition is, but when I politely ask you to explain the reasoning, you back slide and weasel your way out.
magman1979 wrote: »
SolipsismY is the real person, the others are fakes (impersonators)
solipsismz wrote: »
Vultures just looking for a payday. Leave Australia's market. Or cut jobs and close stores. Australia will have no corporate taxes from Apple, no sales taxes on their products sold, no property taxes on their stores and offices, and no payroll taxes nor income taxes from Apple employees. Teach them some respect.
Fine companies for following the laws created by that government?
Because they follow the laws of that country which allow them pay what they are supposed to.
Are you suggesting Apple and other companies have broken some law to avoid taxes?
The article says that Australia is going to investigate. They have not said that Apple or anyone else has broken the law to avoid taxes, yet. I would imagine though that they must think there is something there or why would they make the effort.
Because the governments want businesses in their country so they make tax loopholes to draw them there.
Then after the businesses are successful, the governments see all that money and decide they want a larger cut.
Nothing will happen.
Our current government are a bunch of lying sleaze bags who are just throwing out a few feel good stories to keep the fools who voted for them happy as they continue to pillage OUR wealth for the rich and corporations who make up the majority of their party donors.
"Eleventy" Joe Hockey is the most incompetent idiot, this country or any other country has ever had as a treasurer.
Don't forget the influence of party donors and lobbyists supported by biased media.
Return democracy to the people.
But Steve Jobs would've... /s