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The information on Groklaw is not intended to constitute legal advice. While Mark is a lawyer and he has asked other lawyers and law students to contribute articles, all of these articles are offered to help educate, not to provide specific legal advice. They are not your lawyers.

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In the UK? | 98 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
It's not about Apple
Authored by: Anonymous on Monday, July 01 2013 @ 10:55 PM EDT
It's not really about Apple worming out of paying their taxes, is it? It's about
the mega corporations that takes advantage of their transnational presence to
shift earnings around until they end up in some ridiculous holding company on a
remote island with a tax rate of 5 or 6%.
This is one of the reasons globalization is heralded as the best thing (for
corporations) since sliced bread.
The other is the ability to shift production facilities to countries with low
wages, no labor protection to speak of, and no pesky environmental laws, while
still charging a premium for their wares and leaving their market countries
without employment opportunities for blue-collar workers.
These same corporations that take advantage of a highly educated work-force,
first-rate infrastructure, and stable societies for their plush corporate
headquarters and yet can't see the connection between those infrastructural
benefits and the need to help financing it.
This short-term thinking of only themselves and their immediate gains will have
long-term consequences. But not for the current CEO and his team. Therein lies
the fault.

[ Reply to This | Parent | # ]

In the UK?
Authored by: Anonymous on Tuesday, July 02 2013 @ 05:26 AM EDT
Which employees were given these stock awards?

Was it the board, most of which are likely non-resident in the UK and are not likely to be paying income tax in the UK. The company accounts should say whether it were the directors that were awarded the stock.

Just having a quick look, seems like there's only 2 directors for Apple (UK). No past or present directors have, it seems, been UK born. Current directors, Wipfler (location unknown) and Levoff (Cupertino), are also directors or Apple Retail UK Ltd and other Apple companies.

If it were common employees resident or domeciled in the UK, then yes, income tax is going to be paid.

j

[ Reply to This | Parent | # ]

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