TheSkiBaron

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TheSkiBaron
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  • Apple to reportedly open R&D center in backyard of BlackBerry's auto division

    cintos said:
    Ah, yes. In Blackberry's backyard. This present an opportunity for me to toss out my wild speculation that Apple has plans to "merge" with Blackberry and re-domicile corporate headquarters to Canada. Why? Taxes. Apple would simply join a growing conga line of entities moving from the USA for the same reason. When all we have left is Burger Kings and car washes, Congress might get a clue and fix this. The United States is one of only six industrialized nations (of 34 OECD members) that taxes domestic corporations on a worldwide basis. In the past fifteen years, thirteen OECD countries have moved to a territorial system that exempts all or most of active foreign earned income from domestic taxation.[4] Seems like some countries encourage their corporations to "export", unlike the USA. [4] PricewaterhouseCoopers, Evolution of Territorial Tax Systems in the OECD, prepared for the Technology CEO Council (Apr. 2, 2013), http://www.techceocouncil.org/clientuploads/reports/Report on Territorial Tax Systems_20130402b.pdf.
    It is fairly certain they are doing this because the Canadian dollar is at a 10 year low and they can staff a whole office in Canada for nearly half what it would cost in the US right now. Actually doing business primarily in Canada is nothing thing. Canada is not cheap and easy to do business in generally, other than when our dollar is down. I suspect if Apple was fleeing the US they would pick a better place than Canada. The fact is Apple is worldwide and files tax in most jurisdictions. The US may tax people and entities globally but the tax rates are far lower than Canada and many other developed countries.
    auxio
  • BlackBerry kills BB10, will work on mid-range Android phones instead

    ivlad said:
    BB10 was "high end?" Really?
    Still the most secure mobile OS on earth. Very problem free too, I would call it high end. Unless your idea of high end is snapchat.