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Europe to order Apple to cough up 'one beeellion Euros in back taxes'

Jan Hargreaves

US Citizen working outside the US - Must pay US taxes on ALL income, no exceptions.

US Company generating revenue outside the US - Must pay.... nothing...

US companies should have to follow the same law. Or at the very least pay full rate corporation tax on all profits accrued within that country. Close all the stupid loopholes like that they can license their "IP" back to the parent company for whatever equals the revenue. It may not be illegal, but it sure is unethical.

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