Adrian wrote:
On Wed, 06 Jan 2016 23:45:51 +0000, Mike Lander wrote:


That Australian equivalent of the Financial Times did that and oddly
enough saw no legal action from Apple when they did.

Read that article.

Already did that.

It's very long on waffle and supposition and
implication,

But makes the point that Apple claims a profit that sees them owe just 0.7%
of revenue in income tax. There is only one way to do that in that
situation, lie through their teeth about their costs.

but doesn't make half the claims you're doing.

Yes they do, using more careful language for what should be obvious
reasons.

Their real costs were nothing like what they claimed.

And you know this... how?

There is no other way to get a profit that sees them pay only 0.7% of
revenue at tax in that situation.

Once again, you DO NOT PAY TAX ON REVENUE. They are totally unrelated
numbers.

Like hell they are. The profit they pay tax on is the revenue less the
deductible costs of doing business.

It's entirely possible to have a ****load of revenue - Amazon, a fine
example - and pay absolutely zero tax, because you make a loss.

Apple doesn't make a loss on it's operations in Australia and is in fact
one of the most profitable operations in the entire world. There's a reason
they have quite literally hundreds of BILLIONS of cash in Ireland and
borrow in the US to pay dividends.

Remember, the "real costs" for the Australian subsidiary are those
charged to them by the global parent, _not_ what the parent pays for
manufacturing.

So all they need to do to disprove your claims is produce invoices.
Which will, of course, have already been done to the auditors.

Doesn't alter the fact that it's just another flagrant tax fraud.

OK, glad that we've got to the bottom of it. You don't like it, so it
must be iffy.

It's tax fraud because an operation like Apple doesn't end up with a profit
that sees them pay just 0.7% of revenue in income tax.

And you're quite happy to deny and bend reality to
demonstrate why.

You're the only one doing that.

Next you will be claiming that Swiss bank accounts are purely to protect
the privacy of the individuals who have them and they all declare all the
money in them to their tax authorities.