DaGaffer
Down With That Sorta Thing
- Joined
- Dec 22, 2003
- Messages
- 18,509
I don't think what they are doing is right, morally like all tax avoidance it is wrong.
But for that to work you would need your single world government and economy. Because Apple could still set up in a Tax Haven and only sell online. Then you would have to pay the vat when you bring it in and they still get no tax. Dropping 20% off the price to allow for that still saves them 29% on paying 50% tax in Europe. Bring on the Federation tbh.
They'd be subject to import duty, and physical retail and operator distribution still accounts for the lion's share of sales. Selling online from the Caymen Islands is a non-starter.