Apple's overseas tax rate under 2%

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3Comments

Let me get this straight. The Government is whinging that Companies are only paying the Tax that they need too? Well who's fault is that? If the Government is stupid enough to create Tax loopholes, then it's not unreasonable to expect Companies not to expolit them! Oh, I forgot. The Government creates Tax loopholes so that MP's can exploit them. They simply don't like that idea that other people use them as well.

the ones to blame are the goverments ,where these business,es trade.if there is tax Loop holes,then they,ll be exploited.you cant blame people for paying less tax. standard rates of tax must apply regardless of turnover.profit,or size of company.

ALL companies should pay the going rate of corporation tax of the country in which they earned the income. Inter country profit transfers/ tax write -offs for spurious loans/ license fees should be examined by the tax office, prior to being accepted as a legitamate expense.

It should be up to the company to justify the transfer- not up to the tax office to challenge it..

Source: http://tech.uk.msn.com/news/articles.aspx?cp-documentid=251900785

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