
05-07-2018, 06:41 AM
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Banned
Join Date: Sep 2014
Posts: 946
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Quote:
"They've done it by basically licensing their intellectual property, which is what drives the various devices — the iPhone, the iPad and so on — to a company that is incorporated in Ireland but is considered a resident of Bermuda for tax purposes. And Bermuda doesn't have an income tax, so their money accumulates there and doesn't get taxed."
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LOL
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