Quote :

"Apple was a pioneer of an accounting technique known as the “Double Irish With a Dutch Sandwich,” which reduces taxes by routing profits through Irish subsidiaries and the Netherlands and then to the Caribbean."

Is that not the most awesome sounding name for a tactic that screws over the tax payers of the country the company resides in?

4/29/2012 10:58:12 AM

no not really

4/29/2012 10:59:06 AM

screws over taxpayers? or screws over the government?

4/29/2012 11:12:28 AM

I was hoping for a new sandwich to eat with a Guinness beer.

4/29/2012 11:13:55 AM

^^ Both.

Government relies on tax revenue to operate. Major companies circumvent the tax system putting further tax strain on the rest of the tax payers.

4/29/2012 11:14:55 AM

Quote :

"Government relies on tax revenue to operate"

tell me more

4/29/2012 11:15:48 AM

Had to come see what this was. And just to clarify, I'm not a fan of dutch sandwiches.

4/29/2012 1:56:39 PM

Although not involving tax monies, my favorite scandal name is still the Teapot Dome Scandal. I always laugh when I hear that name for some reason.

4/29/2012 7:10:12 PM

Not to be confused with a Dutch Rudder.

4/29/2012 11:32:13 PM

YES

it is awesome as fuck

also. all of these companies use double irish:

Apple Inc.[4]
Eli Lilly and Company[5]
Facebook[6]
Forest Laboratories[5]
Google[5][6]
Microsoft[5]
Oracle Corp.[5]
Pfizer Inc.[5]

[Edited on April 29, 2012 at 11:36 PM. Reason : asfasdf]

4/29/2012 11:34:36 PM