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How can Apple claim profits are made somewhere that does not have employees?
The subsidiaries — Apple Operations International and Apple Sales International — had a unique agreement with the tax authorities of Ireland that allowed Apple to use those businesses with no employees in Ireland to hold its foreign earnings
4 Answers
- TorgoLv 78 years agoFavorite Answer
They get to pay a much lower tax rate on their profits by doing so. Meanwhile, the government of Ireland gets some tax money without actually having to spend anything to promote economic development.
- 8 years ago
I'm sure they're donating large amounts to the Committee For Acceptance of Transgendered Snail Darters or some such thing.
- Anonymous8 years ago
Its all so very wrong. Im sure not smart enough to understand what they're up to.
