Has AOI filed a corporate income tax return in the last 5 years?
I do not consider deferral to be a sham or abuse in any kind of way.
But there is no income--there is no tax paid on the money itself that has been sent to Apple.
I mean, if they can do it, why couldn't every multinational do the same thing?
AOI has received about $30 billion over the last 5 years, but has not filed a corporate income tax return.
Where are we? How can we possibly be in a situation today where the law permits income to be allocated to a company resident nowhere and not...
It seems to me that is inconsistent with the premise of deferral because the company has no tax residence anywhere else that is making a tax...
Now, when my children were younger--I have four adult boys, but when they were younger, they were big into magic, and they might characteriz...
And if Apple can create companies with no tax residence and create profits in those companies, and if that is going to be tolerated, couldn'...
Thank you both.
So I think one question for Members of the Committee and ultimately Members of Congress to consider is whether it makes sense for a company ...