113 President Trump just revealed that Apple CEO Tim Cook called him this morning to discuss outrageous fines imposed on Apple by the European Union. WHAT DO YOU THINK, DO THEY KNOW SOMETHING WE DON'T? (twitter.com) posted 70 days ago by brain_dead 70 days ago by brain_dead +113 / -0 37 comments share 37 comments share save hide report block hide replies
I thought Apple shifted all their IP to low tax Ireland, and then used licensing deals to siphon profits from high tax jurisdictions to Ireland in order to save money?
The accountants came up with something called a Dutch sandwich. Basically, corporations pay no tax, us plebs do.