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To: sukhoi-30mki

Apple pays .005% tax.
You and I pay 43% or more. I wish I knew some leprechauns to shelter my money.


32 posted on 08/30/2016 12:46:30 PM PDT by minnesota_bound
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To: minnesota_bound
Apple pays .005% tax.
You and I pay 43% or more. I wish I knew some leprechauns to shelter my money.

Apple's pays the bulk of its taxes in the United States, where it is headquarters are located, where it reports its profits. Last year its effective US effective Corporate INCOME TAX RATE was a bit over 27%. Alphabet/Google's was something like 16.81%, Microsoft's was 34%, because the posted a huge write off in the last quarter, reducing the bottom line. However in 2014, their effective tax rate was 20%. Amazon's is about the same as Apple's.

So much for your 0.005% tax rate for Apple.

43 posted on 08/30/2016 2:07:10 PM PDT by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
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