Reply to post: Re: Reality Distortion Field

Apple coughs up $350m – 2.3 days of annual profit – to make Italy's taxmen go away


Re: Reality Distortion Field

With over $180 billion of Apple money held offshore, and liable to 35% US tax if brought into the US, Cook is not lying, but is stretching the limits of truth.

Now, if the Italian tax authorities can make Apple pay, why can HMRC not manage it (hint: their senior staff are mainly part-time employees, their other jobs are with banks, accountancies and BigBiz)

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