Topic > Case Study of Apple in the United States - 1736
Apple pays approximately $6 billion per year in federal taxes on these sales. Congress has no authority over sales outside the United States. This is where the antiquated U.S. corporate tax system, which was created long before it was common for U.S. companies to conduct such global operations, needs to be questioned. It doesn't seem reasonable to expect a company to bring money back to the US only to be taxed at 39%, just because it's the right thing to do. If the tax code were written to allow repatriation of foreign profits at a single-digit percentage rate, I believe more companies would prefer to have their money in the United States. This will not happen at the moment 39%
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