San Fr Diaryancisco Chronicle published a report over the weekend highlighting the pressure that the company Apple is developing regarding reducing the tax burden in his "home" of Santa Clara, California. The report mentions that the Cupertino company is one of the "regional record holders" in this respect - since 2004, it has more than four hundred pending cases.
The Apple company is fighting a total of $8,5 billion in real estate and has already filed 489 appeals. Apple is the largest taxpayer in Santa Clara County - for the period between 2017 and 2018, the taxes of the Cupertino company amounted to 56 million dollars. In addition to being the largest taxpayer, it is Apple also the most active entity in terms of tax appeals - and sometimes those appeals seem rather bizarre.
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In one such appeal, filed in 2015, the company argues Apple tvsaying that the value of the properties surrounding Apple Park, is only $200, while the county estimated their value at one billion. In one of the other documents, it is stated that the real estate, the value of which Apple set at $200, is actually $384 million, according to the appraiser.
Apple but it is not the only company in a tax dispute. Santa Clara, by extension Cupertino, is home to major companies such as Apple, but also Google, Sun Microsystems or perhaps Applied Materials. They have more than half the "credit" for the $76 billion currently in dispute. Local appraiser Larry Stone He explains that the source of numerous discrepancies is “high-tech equipment”, for which estimates are somewhat more difficult, due to the relatively complicated rules.
“The sophistication of our companies and the complexity of our cutting-edge technologies vary,” says St.one"Machinery, equipment, computers, supplies... all those things that come into the company's headquarters Apple … there’s a lot of money in there, so it can be complicated,” he adds. In addition to the taxes it’s currently in dispute over, Apple also faces the possibility of “employment taxes.”ance", but it is still under negotiation and it looks like everything will turn out in its favor Appyou.
..hm, it seems that in AppThey feel that only the poor have to pay taxes because they can't afford lawyers. That's why they brag about their economic results when they don't pay taxes and "optimize". In Ireland it's the same, subsidies and subsidies, that's what they do. :-(