mr. h

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mr. h
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  • Apple CEO Tim Cook calls US tax code outdated and 'awful for America'

    mr. h said:
    You mean “evades” here. It is clear that Apple avoids plenty of tax in Europe, totally legally and as is its right.
    No. 'Evasion' is illegal, 'avoidance' is not. So, AI gets it right. 
    Nope. Apple don’t claim that they don’t avoid tax. If they did, they would be lying. They avoid many state taxes (corporation tax or equivalent) in the EU by funnelling money around and making it “look” like all the profit is made in Ireland, when it clearly isn’t. However, everything they do is legal, so they do not evade tax. Therefore, AI’s statement should read:

    "Apple has also steadfastly denied allegations that it evades taxes in Europe as well.”

    Because, what Apple actually steadfastly states, is that they pay all tax legally owed. This is absolutely not the same as claiming that they don’t avoid tax.
    frankie
  • Apple CEO Tim Cook calls US tax code outdated and 'awful for America'

    mr. h said:
    You mean “evades” here. It is clear that Apple avoids plenty of tax in Europe, totally legally and as is its right.


    I think the EU has a different viewpoint on the legality of Apple's tax "rate”
    If I understand correctly the one who will ultimately be in trouble with the EU, if anyone, will be Ireland rather than Apple.

    Certainly many countries including the UK are working on trying to change their taxation systems to make it harder/impossible for companies to avoid tax in the manner they currently do.

    As for the US repatriation rule, it is really quite baffling that it hasn’t been changed. As pointed out, all it achieves is forcing companies to invest overseas, or even more oddly, borrow money in the U.S., secured by the money overseas, as that’s more cost effective than bringing the money home.
    gatorguykpomentropys
  • Apple CEO Tim Cook calls US tax code outdated and 'awful for America'

    Apple has also steadfastly denied allegations that it avoids taxes in Europe as well.
    You mean “evades” here. It is clear that Apple avoids plenty of tax in Europe, totally legally and as is its right.
    SpamSandwichsnovafrankiecnocbuijbdragon
  • Here's Johny Srouji: Apple's newest executive pioneered company's custom A-series chips

    schlack said:
    mr. h said:
    I don't get why everyone thinks that Apple making their own Mac chip means it has to be ARM-based. Apple could make an x64-compatible chip.
    but why!!!? seems much more likely that they continue to improve their ARM processor line and recompile-rewrite OS X software to run on it...and hope to get other devs on board to do the same...and offer x86 emulation as an interim solution for those who are slow to move.
    Windows compatibility. Do not underestimate how important this is.

    Look what happened when Microsoft tried to do an Arm-based Windows. It crashed and burned as no-one bothered to write apps for it. If Apple bring out an Arm-based Mac, the only way they’d get people to build apps for it is by abandoning x64 completely. This seems like an awful idea to me. I’m sure there’s plenty they could leverage from their Ax chips to deliver a better x64 chip than Intel, especially when it comes to GPU performance and low-end/low-power x64 chips.
    larrya1983argonaut
  • Here's Johny Srouji: Apple's newest executive pioneered company's custom A-series chips

    I don't get why everyone thinks that Apple making their own Mac chip means it has to be ARM-based. Apple could make an x64-compatible chip.
    1983