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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Doren who wrote (175461)	10/2/2014 11:58:33 AM
From: Ryan Bartholomew	Respond to of 213172

Its true all the developed countries are going to try to squeeze out more money from Apple as well as all other multinationals fiefdoms. However...They are going to have to balance their greed with the fact that the corporations are more likely to favor countries that are tax friendly. They could end up gaining short term but losing long term. We're not supposed to get political, so I won't. I agree with you that the shift will be much broader than just Ireland and Apple, however, in this particular case, the pair is being singled out for specific and massive violations (see article linked earlier) that put them in a very hot seat. Should it go the route of expecting retroactive tax payments to even them up to what they reasonably would have been expected to pay, it could drain much of the cash. On the other hand, that cash is largely locked up over there anyway, subject to their taxes, so one way they could address it is to implement tax changes that would cause them to pay a much higher rate whenever it is eventually unlocked.