rossb2
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Apple introduces new Apple Silicon Mac mini with $699 price tag
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Apple planning Face ID for MacBook Pro and iMac
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Apple & other tech giants may face EU universal minimum tax rate in the future
spheric said:randominternetperson said:spheric said:A company like Facebook will make billions in profit and generate maybe a dozen jobs and a mailbox office in each of three offshore tax havens, and still not pay any taxes. That is about to change in the next decade - hopefully.
“No employees” means, simply, zero positive effect whatsoever upon the local economy — none: all the money is siphoned off to wherever; none of it remains as employee wages, which could spent locally and stay in circulation. The money is just gone, drained from the economy.
Do you pay tax on income, or on the number of chairs you have in the office?
Depends where you live. In the UK you are taxed on the number of employees indirectly. Employers have to pay "Employers national insurance" as a percentage of the salary on every worker. Its around 15% of each workers salary. I always thought taxing a company for employing people was kind of absurd, but thats how the UK works it. I am a UK national.