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by laurent92 1878 days ago
Most of Apple’s money is made abroad. Is there a reason why it should come back to the US at a loss for the stock holder?
1 comments

> why it should come back to the US

They are a US company, reaping the tax benefits of that nexus. If they'd been an EU company, they would have paid a lot more in various taxes (including higher wage taxes) over the last 40 years. IOW, they would not be as wealthy a company today.

The US is one of the only countries that taxs worldwide income.
That is true now but has not been true for all of the last 40 years that Apple has been in business. And you're ignoring wage taxes and employee benefits, which are significantly higher in some other nations.
It's way more complicated than that.

Tons of countries tax worldwide income.

They also pay EU (and many other) wage taxes since those are all paid in the location of employment. This cash discussion is all about corporate tax.