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Apple Ordered to pay EU $14.5 billion in back taxes

#15

Quote:That's the thing with the credit though. You can't claim a credit for foreign tax on income you don't report.


The whole point of the credit is to avoid double taxation on the same income.
 

However, we aren't talking income tax here.  If a corporate expense involves paying tax over seas, the company gets the credit.



There are 10 kinds of people in this world.  Those who understand binary and those who don't.
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Apple Ordered to pay EU $14.5 billion in back taxes - by jagibelieve - 08-30-2016, 06:31 PM



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