"So what has Apple done? Much the same thing by the look of it. Its Australian arm had sales revenue according to Chenoweth of $26.7 billion between 2002 and 2013. Over that time it paid $193 million in tax to the Australian Tax Office, or 0.7% of turnover."
Source: enpassant.com.au
By buying Apple products we are endorsing this company's Aussie
tax minimisation program.
It beats me why seemingly normal Aussies on this board seem to
support little or no corporate tax and at the same time advocate
less benefits for Australians in need.
Third world countries have low taxes and even lower rates of recovery
and if Australia does not wake up we'll find ourselves relegated to
this league.
We have a proud history of giving everyone a fair go
mm
