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Richard Stallman's Political Notes

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Tax-dodging by Apple and Nike

mercredi 8 novembre 2017 à 01:00

When Ireland made itself less attractive for tax-dodging, Apple nominally relocated some of its income to Jersey.

Over 250 billion dollars went along with that.

Nike funnels its money through various countries, through a path that includes a subsidiary that claims not to be located in any country.

These and other tax-dodging companies say they do this because it is lawful, but why is it lawful? Because their political power prevents governments from changing their laws to put a stop to it.