Hacker News new | ask | show | jobs
by aj37 4777 days ago
I think the point is that they are managing to avoid paying tax to any overseas governments on the income too
1 comments

According to Apple they are paying tax on everything somewhere; they just refuse to have the same revenue taxed in multiple countries.
Check out this page: https://en.wikipedia.org/wiki/Double_Irish_arrangement

There is a lot more going on that simply avoiding double tax. I'm not saying I blame them for taking advantage of the prevailing laws to pay as little tax as possible, but for them to claim it's simply avoiding double tax is very disingenuous.