Apple Buildings Worth $200

in funny •  8 months ago


There’s nothing new, really.
Companies tend to seek legislative loopholes to reduce the tax burden whenever they can.
It’s somewhat understandable, considering the fact that the very reason for a company’s existence is to make a profit for its shareholders.
The more the better.

Arguing that some buildings appraised by tax assessors to over $1 billion with a ‘b” are worth only $200 each, is something else altogether.
Maybe there's some clever accounting involved there, but c’mon…
We’re talking a couple orders of magnitude here.

Hilarious, isn’t it?
A gigantic company that just recently pushed its market cap to over $1 trillion with a “t” has more than enough money to mess up with the tax man.


And this is how a childhood question finds an unexpected answer:
“What do you want to be when you grow up?”
“Apple - too big to care or to share!”


You can read more about this here.

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