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In this instance, to my knowledge, Apple isn't using shell companies. It has iTunes set up in Luxembourg, but that's a very real company. And each country has it's own Apple subsidiary which again are real companies in their own right.

I'd say that it's hardly tax avoidance, since they pay their taxes in the countries where the revenue is generated. No one in their right mind would give up 35% of their wealth simply to move it to a different country, and nor should they.



> It has iTunes set up in Luxembourg, but that's a very real company.

Sure, but is it really operating out of Luxembourg? I suspect most of their employees are here in the States.


Apple has a company here in the States and in Luxemborg. US employees are employed by the US corporation.


Yup, they have real people employed by, and working in Luxembourg.


Please go read the links. This is not about the sales happening in countries outside of the US. This is about the billions of dollars inprofits Apple, Microsoft, Google and others would otherwise be making on their US sales being shifted around to low-tax havens using clever internal licensing agreements. For example, see http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-sho...




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