Hacker News new | ask | show | jobs
by WhereIsTheTruth 248 days ago
Corporate tax in China is 25%

Corporate tax in Apple land is 30%

Funny?

2 comments

Tax is only on profit, Apple "tax" in 30% (15% in some cases) of revenue.
Comparing apples (pun intended) to... a country? Profit vs revenue.
I used "Apple land" deliberately, a single unelected gatekeeper stealing 30% straight off the top line feels more authoritarian than China's 25% on profit

If Apple were a country, it wouldn't just be authoritarian, it'd be a dictatorship with a 30% flat tax on revenue, no appeals, and the power to erase your business overnight

Hence the parallel, but yeah fair point, I wrote the comment too fast