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by rickdeckard 1291 days ago
I guess (RED) is mainly for companies large enough to funnel revenue to a tax-haven, but in need of a tax-reducing vehicle when bringing the money back home.

I wouldn't be surprised if Apple decides their exact annual contribution to (RED) not just per device sold, but based on how much revenue they need to transfer to US. It's not even cynical, it would be good accounting practice to report the revenue of Product(RED) before anything else, as you can get a tax-deduction for your "charitable expenses", while the rest of your revenue stays off-shore until a new opportunity comes along.

You basically get the social aspect for free...

1 comments

It's a write-off