Apple's patent attack and tax havens
Posted Mar 6, 2010 1:21 UTC (Sat) by giraffedata
In reply to: Apple's patent attack
Parent article: Apple's patent attack
There are some 20 patents named in Apple's actions. Ten of them are named
in the patent infringement suit filed in Delaware:
Wasn't there a recent pledge to make tax havens harmless to the real economy?
I don't see how this relates to this article, but are you perhaps making reference to the myth that if a company incorporates in Delaware, it doesn't have to pay income taxes?
That was true a long time ago, but today every US state that taxes corporate income taxes any corporation whose principle place of business is in that state.
There are still many good reasons for a large multistate corporation to incorporate in Delaware, but taxation isn't among them. Indeed, taxes are a little higher that way, because Delaware raises a significant amount of it's public funds (the majority, IIRC) from taxing those corporations itself.
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