Apple Would Rather Go Into Debt Than Bring Home $100 Billion In Offshore Cash

[boedicca]

AAPL Income Statement | Apple Inc. Stock - Yahoo! Finance

According to the above link, they paid $14 billion in taxes in FY 2012.

So they paid 11% effective? What was your effective rate?

They paid 25% on their income. What did you pay on yours?

I'm guessing he's one of those people who scammed the Earned Income Tax Credit.

 

[OnePercenter]

AAPL Income Statement | Apple Inc. Stock - Yahoo! Finance

According to the above link, they paid $14 billion in taxes in FY 2012.

So if they made the money, paid tax on the money, then why would they off-shore the money?

They made money offshore and paid taxes on it in the country where they earned it.

Making money off-shore means you made the money in one of the eight countries that have no corporate taxes such as Bermuda.

Why should they bring it home and pay taxes on it again?

Show me any proof that they paid any taxes, anywhere.

 

[OnePercenter]

AAPL Income Statement | Apple Inc. Stock - Yahoo! Finance

According to the above link, they paid $14 billion in taxes in FY 2012.

So they paid 11% effective? What was your effective rate?

They paid 25% on their income. What did you pay on yours?

156b/14b=25%? What color is the sky in your world?

I paid 3% on 16m.

 

[OnePercenter]

So they paid 11% effective? What was your effective rate?

They paid 25% on their income. What did you pay on yours?

I'm guessing he's one of those people who scammed the Earned Income Tax Credit.

Guess again.

 

[Toddsterpatriot]

Making money off-shore means you made the money in one of the eight countries that have no corporate taxes such as Bermuda.

Why should they bring it home and pay taxes on it again?

Show me any proof that they paid any taxes, anywhere.

Making money off-shore means you made the money in one of the eight countries that have no corporate taxes such as Bermuda.

Making money anywhere but the US makes them offshore money.
If they made money in France, they paid tax in France.
If they bring those French profits home to the US, they'd pay additional US taxes.

Show me any proof that they paid any taxes, anywhere.

We've been over this.
I gave you a link that showed they paid $14 billion in taxes last year.

 

[Toddsterpatriot]

So they paid 11% effective? What was your effective rate?

They paid 25% on their income. What did you pay on yours?

156b/14b=25%? What color is the sky in your world?

I paid 3% on 16m.

My sky is the color where you don't pay income taxes on your revenue.

Try again?

Maybe use some of your money to learn how to read an income statement?

 

[OnePercenter]

They paid 25% on their income. What did you pay on yours?

156b/14b=25%? What color is the sky in your world?

I paid 3% on 16m.

My sky is the color where you don't pay income taxes on your revenue.

Try again?

Maybe use some of your money to learn how to read an income statement?

156b/14b=25%?