T
tastycaramel
Guest
I think every company is just out there to dominate the market and stuff. So they would do anything to gain their own monopoly.
-
After 15+ years, we've made a big change: Android Forums is now Early Bird Club. Learn more here.
Older iDevices to BANNED from the US within 60 Days!
- Thread starter SiempreTuna
- Start date
I think every company is just out there to dominate the market and stuff. So they would do anything to gain their own monopoly.
zuben el genub
Extreme Android User
The UK is after Google about taxes.
The one nasty with Apple that is annoying me:
HARDOCP - It Was Apple's Way Or The Highway, E-book Execs Say
This should annoy anyone who uses ebooks.
The one nasty with Apple that is annoying me:
HARDOCP - It Was Apple's Way Or The Highway, E-book Execs Say
This should annoy anyone who uses ebooks.
T
tastycaramel
Guest
SiempreTuna
Android Expert
Hopefully ALL countries will be after ALL companies on tax. The issue is that there are international treaties that allow companies to aggressively manage their tax affairs to avoid paying corporate taxes anywhere.
What is needed is for countries to re-negotiate the treaties. There are several different approaches that could be taken but they all effectively allocate a proportion of companies profits to the countries where those profits were made. The country then taxes it's proportion of the profit at the prevailing rate in that country.
I frankly don't see how anyone could object to that - if you make profits in a country, you should pay your share of taxes in that country - but you can bet lobbyists will move heaven and earth to prevent it happening - and they'll definitely succeed in most.
Some countries actually already do this unilaterally, however most - like the UK and US - don't because they argue it makes them 'less competitive'. This is, of course total BS: if most companies are paying zero tax now, how is this being 'more competitlve' helping you in any way at all?
Apart from by making more money available for bribes - sorry, lobbying.
I don't use ebooks, but I still find it annoying
T
tastycaramel
Guest
Hopefully ALL countries will be after ALL companies on tax. The issue is that there are international treaties that allow companies to aggressively manage their tax affairs to avoid paying almost all corporate taxes.
What is needed is countries to re-negotiate the treaties. There are several different approaches that could be taken but they all effectively allocate a proportion of companies profits to the countries where those profits were made. The country then taxes it's proportion of the profit at the prevailing rate in that country.
I frankly don't see how anyone could object to that - if you make profits in a country, you should pay your share of taxes in that country - but you can bet lobbyists will move heaven and earth to prevent it happening - and they'll definitely succeed in the US.
Some countries actually already do this unilaterally, however most won't because they claim it makes them 'less competitive'. This is, of course total BS: if most companies are paying zero tax now, how is being 'more competitlve' helping you in any way at all?
I don't use ebooks, but I still find it annoying
The problem is that not all countries are so strict about these kind of tax imposed.
Bob Maxey
Android Expert
Well, in this world we live in, an old phone is the one you buy today, only to be replaced by the next upgrade or version released next week. To me, an old phone is just as good as a new phone.
But that just be me.
Case in point, the S3 replaced by the S4. The Note is being replaced. To me, one is as good as the next. If I were to go Apple, I am not sure an old model would be my choice. Not with the 5 out and about. I guess the 4 is still a popular seller.
I seem to recall there was a long wait between a 386 and a 486 Laptop. Perhaps a year or more. You bought a 386 and that was the best tech for some time. Now days, something new arrives long before the contract is up.
This latest battle is all about getting the ruler out. Apple and Samesong just do not get along well together and something will happen. And it will happen again. SS best make sure their ducks are in proper order. What will they do if they can't import S3/S4/Note(s)?
I do not think Apple will be prevented from bringing old products into the United States. You can be sure Apple is not lying down here.
Or, perhaps they will or Obama will get involved and change the game.
Perhaps Apple can import "unfinished" models and have us (Me and the gang) assemble and package them.
AR-15 80% Lowers are legal to order via mail-order because the law was circumvented, so perhapps Apple can sell 80% iPhones?
My guess is Samesong orchestrated this in an effort to hurt Apple. They went FTC because it was easier than using a lower court. This case can be appealed to the U.S. Court of Appeals for the Federal Circuit, and from there go to the Supreme Court. Apparently.
It will be fun to watch. Like a slow-mo car wreck and both car manufacturers are driving real fast and they both have angry lawyers.
Bob Maxey
Android Expert
However, if I make profits in Israel and I follow the applicable tax laws, I am just fine. As long as no laws were broken.
If I wanted to move a company to your state and it meant 2500 jobs, you can bet I am going to get a deal. Probably tax breaks and such. If not, I'll look at another state who will give me a deal.
My guess is every state will be offering me lots of incentives to relocate in their state and a sweet deal is part of the negotiations.
And by the way, it is the specific job of lobbyists to move Heaven and Earth for their companies or the industries they work for.
Lobbyists are much like employees, after all, in a way.
Bob Maxey
Android Expert
Most certainly. That is their job. In the end there can be only 2: Apple and Blackberry.
Sammy wants to be the largest phone seller on the planet and Apple is in their way. Apple wants to be the largest dog and Sammy is in their way. Both have lawyers and in Sammy's case, the ITC.
Apple has fan-boys and fan-girls and they will save the day. Or Apple hopes so. I went S3 even though I love Apple and iOS.
My guess is Apple will win a few smaller battles and Sammy will win a few. Then two guys in a garage will topple both.
The Apple or SS will buy the two guys out and time for more suits.If you want to read Sammy's corporate strategy plan, go here:
Art of War by SunTzu [SunZi] -English Hypertext
It might also be Apple's plan, too.
Bob Maxey
Android Expert
Care to cite your reference? Not saying you fail, just not sure they have 100 Billion just in Ireland. 100 billion in Ireland alone? I am not sure your article is accurate.
"In September 2012 Apple had a total of $121 billion in cash and investments with 68% of it overseas. Therefore the company had about $39 billion in the US and if it brought all the overseas cash back it would result in an additional $54 billion after tax for a total of $92 billion."
How Much Extra Cash Does Apple Really Have? - Forbes
By the way, the manufacturer I worked for had a strong tie to Ireland just for tax reasons. Saves us lots because of the screwy tax laws here.
T
tastycaramel
Guest
Most certainly. That is their job. In the end there can be only 2: Apple and Blackberry.
Sammy wants to be the largest phone seller on the planet and Apple is in their way. Apple wants to be the largest dog and Sammy is in their way. Both have lawyers and in Sammy's case, the ITC.
Apple has fan-boys and fan-girls and they will save the day. Or Apple hopes so. I went S3 even though I love Apple and iOS.
My guess is Apple will win a few smaller battles and Sammy will win a few. Then two guys in a garage will topple both.
If you want to read Sammy's corporate strategy plan, go here:
Art of War by SunTzu [SunZi] -English Hypertext
It might also be Apple's plan, too.
Who knows? Only time will tells. It depends on whether other companies are willing to invest and challenge these giants.
SiempreTuna
Android Expert
And that would all be still be fine with the revised tax proportioning proposals as they still allow each country to apply whatever tax rates they like to their proportion of the taxes.
In fact, arguably, these proposals would INCREASE the ability of states to make these deals as the companies would actually have taxable income in those states: at the moment, companies know they'll have moved profits elsewhere anyway.
Absolutely. It's also the politician's specific job to uphold the interests of his or her consituents however lobbyists money somehow makes them forget that ..
T
tastycaramel
Guest
Everyone just wants to benefit and gain profits :sly: