I really don’t think so you know?

The Mail has been consulting Snippa again no doubt:

Last year, the tech giant was named as the biggest corporate tax avoider in the United States after booking $218.55 billion (£171.6 billion) of profit offshore last year.

The tech giant was able to save $65.08 billion (£51.1 billion) that it should have paid in tax thanks to its convoluted arrangements.

Annual profits were of the order of $40 to $50 billion. I really do seriously doubt that they dodged $65 billion in tax on that even at US rates.

The twats are attributing the accumulated amount over the decades to just last year.

3 comments on “I really don’t think so you know?

  1. Or to look at it another way, they saved $65 bn last year by not bringing it all onshore last year. Which is hardly tax avoidance. The tax will be payable at some point, probably after a tax rate drop.

  2. The Mail, whatever its other failings, used to be very strong on fact checking. Is this in the actual paper, or just Mail Online?

  3. Aren’t the Mail etc just getting these stories in whilst they still can?

    Once Trump manages to reduce CT to 15%, that particular “rant” opportunity will be gone…

    “The twats are attributing the accumulated amount over the decades to just last year.”

    More rage..:)

Leave a Reply

Name and email are required. Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.