The tax rate Apple bright blind non US profit tax 0.005% cancam

The tax rate Apple bright blind non US profit tax 0.005% U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks Beijing time 31 days out of a huge tax bill to why the EU $14 billion to apple? CNN reported that in 2014, apple in the United States outside the world in most places by selling iPhone and iPad to earn money, every $1 million to pay $50. In other words, the tax rate is only 0.005% — please believe my eyes, you are not wrong. So, how is this absurd figure born? In fact, over the past few decades, Apple has been their profits from Europe, the Middle East, Africa and India, transferred to ireland. This is normal, because many other companies are doing so. The key is, apple in 1991 and the Irish government reached an agreement, which will allow them the profit division, are credited to their subsidiaries in Ireland, and a exists only on paper under the name of Apple’s headquarters. Apple’s profits registered under its Irish subsidiary are taxed at the local standard rate. Those who have been assigned to the headquarters that do not actually exist are exempt from tax, because under Irish law, the latter is considered a "stateless company"". Guess where the big profits go? 2011, apple international sales profit of 16 billion euros. Among them, only less than 50 million euros into the Irish branch of the name, the rest are vested in the headquarters, and therefore away from any tax authorities. This careful arrangement, in fact, the Irish government is also welcome. Ireland’s corporate tax rate is 12.5%, one of the lowest in Europe, which attracted them to a large number of companies. Apple, Google, Facebook, eBay, Twitter’s European headquarters in ireland. Only an apple in Ireland, employs 6000 people, many of them in the cork factory iMac, let the dilapidated city reproduce vitality. Apple says it is the largest private employer in the city. The EU can determine the tax rate, the key is, now the European Union officials said that between Ireland and Apple’s agreement that the company gained huge, its competitors unimaginable financial advantage, the equivalent of illegal state subsidies. Although the $14 billion 600 million tax plus interest is only about 231 billion of the $5% in cash on the book, apple doesn’t want to. Ireland does not like the EU’s ruling, saying that its sovereignty has been violated". They claimed that Apple had to pay taxes to Ireland has been paid. (Zi Jin) editor in chief: Feng Dewei相关的主题文章: