Does Apple Cheat on their taxes like Google's 31B?

Discussion in 'Off-Topic' started by zipur, Mar 18, 2011.

  1. zipur

    zipur
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    Linked Here and HERE

    I severed in the USMC to protect and server America. I never and have never cheated on my tax as I have observed firsthand how wonderful America is. As a citizen it is my responsibility to pay my fair share of taxes. Now with reductions in public support, teacher, first responders, it really bugs me that Google would do this. I have not found this to be true with Apple. Therefore I will never support Anything Google. (Period) end of story. I hope your join me and moreover I hope you pay your fair share of taxes. Our schools need it and its cheaper to teach kid than it is to house them in the penitentiary. For whom much is given much is expected.
     
  2. Cadena96

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    Doesn't mean people follow the bible, 42.12.48....the point is it's america, and it's a legal loophole, but yeah screw google, they're major aholes...I like apple though...steve jobs cheats on his taxes, his annual salary is 1$, has been since he took ownership of apple in late 90's...when apple turned around with ipod and iphone etc etc...the beginning of the research...everything he is paid is "gifts" 80 million dollar jets, houses, etc etc...he buys what he wants as a gift...it's actually really smart, I think you should learn tax law...the problem is people like john kerry can pay 8,000$ in taxes when he made 44 million the year he ran for president...(including his wife's heinz ketchup), and own 8 houses at that point..property taxes? gee...something's wrong here....
     
  3. zipur

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    Yes it is. and don't get me wrong I choose to pay my fair share. But its like this. I went on a business trip to San Jose. The hotel had free breakfast, Lunch was catered and most of the dinners were also. When I got back to the office my boss came to my office and said you need to charge more for your meals. Long story short, I didn’t change it . In fact 19 years and I still comp true trip expenses. If they give me too much change at the store I take it back. I have a long story with an 2 HP desktop and Fry's only charged for one. I took it back although my son complained. I guess it’s just me.
     
    #3 zipur, Mar 18, 2011
    Last edited: Mar 18, 2011
  4. tzimisce

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    I also served in the military (I'm not American) and I also pay my taxes, but I do make a clear distinction between being tax savvy enough to minimize what you need to legally pay (possibly through the services of a chartered accountant), and "evil" criminal tax evasion.

    Tax law is complex, but taking the time to talk to a financial advisor, to learn up and know what you should or should not need to pay, and structuring your finances accordingly is simply common sense.
     
  5. Gabriel1

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    I have to agree with that, I don't know about the USA but here in the UK many companies would fail if they didn't take advantage of the tax laws where they can. There is sometimes a fine line between legal and illegal when it comes to taxes but here's the rub, governments know exactly what these companies are doing but they also know that any failed business just adds to the tax burden on everyone else with increased unemployment.

    Google are also a company with a similar situation to the banks in that they can operate from anywhere at anytime, if you make life difficult for them they will head off to a different country, some of which would offer big $ just to get them into their country........if this happens you have increased unemployment, increased tax bills and no discernible benefit.

    Whilst I sympathise with the OP's viewpoint it is a much bigger issue than if or where they pay their taxes.

    The Archangel
     
  6. SporkLover

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    Google employs great Tax Lawyers and Accountants. It's not cheating, because it is all legal.

    In fact, many other companies are trying to follow their model and reduce their tax liabilties.

    If you want to vilify someone, re-vector your efforts towards the government that allows those loopholes in the tax laws.

    For the record, Apple does shift income to subsidiaries in lower taxed parts of the world..... they just aren't as brutally efficient as Google.
     
  7. Hasty

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    Does any large corporation pay "fair" taxes?
    Taxation is widely distorted by lobbyists and interest groups to ensure exemptions and adjustments for corporate interests.
    Throw in tax lawyers and any concept of fairness is meaningless......
     
  8. DaveSt

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    I agree with this 100%. If you are going to avoid Google for finding a way around taxes you might as well move into a cabin in the woods and stop doing business with any major corporation in the US. They all have major tax loopholes. I remember reading an interesting article from Warren Buffett where he was shocked to find out that his secretary had a higher tax burden (by percentage) than he did. You have to be very wealthy or very poor to live tax free.
     
  9. tzimisce

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    Here in Australia, income tax can reach a whopping 30-40%, so you'd be foolish not to find all the legal loopholes to avoid getting slugged for the full amount. Even getting an accountant to do your returns for a few hundred dollars, so that he or she can save you thousands by knowing what you can get tax exemptions for and structuring the way you file your returns is being smart (from individuals to corporations.)
     
  10. SporkLover

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