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Comment Re:sorry, no (Score 1) 447

Because Apple DOES have a presence here in New Zealand, that is how they are able to sell into schools and to Government Departments, they MUST be registered in New Zealand as a business in order to get a Tax ID in order to collect/pay GST (sale taxes).

The volume of sales to schools (above $50,000) a year forces the issue.

So there is your answer, Apple has a tax presence in New Zealand.

They will have a registered office (be it with an accountant/lawyer).

Colgate is registered in NZ as a company, how (or why) Budweiser gets here I don't know. But I DO know Apple is selling direct into New Zealand and must have a tax ID to be able to do so.

Comment Re:Tax incidence vs competition (Score 1) 447

Not at all, because the wealthy will simply leave their wealth in the corporations. The corporation will own the luxury holiday villa, the corporation will own their huge yacht, the corporation will pay expenses, etc etc etc.

This will only ensure that the 1% will pay even less while placing greater burdens on the lower income brackets

And how does a small store owner compete, we already see how Amazon has driven most bookshops out of business. The corporations will soon be able to own everything.

Tell me, what is the difference between the 1% being royalty , with them owning the land, the businesses, the wealth, and a corporation doing the same. You can't vote either of them out. The end results are the same.

All you have done is take a couple of hundred years to switch one set of masters for another by calling it a different name.

Comment Re:sorry, no (Score 1) 447

It benefits from an educated lawful society.
It benefits from the lack of corruption.
It benefits from the low friction of trade
It benefits from being able to get its products around the country easily and cheaply which keeps its products sale costs lower
It benefits in that it has the same access as Samsung, HTC, Sony, Microsoft, HP, we have a free trade agreement with China, none with the USA
It benefits from having that consumer base that allows it to negotiate deals with its suppliers and attracts developers.
It benefits from having access to the law for copyright, patent, trademark protection
It benefits from being able to sell to the government and into schools (we could go Linux / Chromebooks)

Its true laws can change, and they should.
Those new laws could see corporate America locked out of 96% of the worlds population and 80% of the worlds trade.
And there is the REAL danger, if a small country like NZ can say no more, bigger ones will quickly follow, its up to Apple to figure out if trying to negotiate with friends is better than negotiating with pissed off customers.

Because Trump is rapidly moving to a protectionist model of business and the US corporates will be on their own
the 96% of the world not in the USA, well we can carry on with free trade among ourselves , there is no legal, moral or other obligation to include the USA.
especially when US corporates have failed to pay taxes.

Comment Re:sorry, no (Score 1) 447

The difference is:
A New Zealand firm who sells a $1000 item pays $150 in sales taxes to the government and then pays the government 30% of their profits

Apple sells a $1000 item in New Zealand, pays the government $150 in sales taxes and moves the profits off shore so they pay $0 taxes

So in real terms Apple has an unfair financial advantage .

This is no different to say a Chinese Steel mill receiving huge government subsidies so they can dump cheap steel into the US market by undercutting local production.

Comment Re:Careful what you wish for... (Score 1) 447

Which is why after 30 years of buying Apple products, I am leaving their eco system.

As each product dies it will be replaced, probably with something out of China. A "Kodi box" from China works just as well for Netflix as an Apple TV.

When my MBP dies, I will shift over to Linux.

Same with my iPhone, my next phone will be an HTC , Samsung or other Android phone.

It also means I will not be buying software upgrades, BBEdit, Carbon Copy Cloner, DiskWarrior,TechToolPro, MS Office, etc etc etc etc have also seen my last $.
I will be voting this year for the party which best represents NZ needs, not US corporate interests.

Apple has taken strong stances on a number of moral issues, LGBT rights, Child labour, Green energy, etc, all at a financial cost to Apple, but the morally right thing to do. They have removed funding, cancelled events in states in the USA which have failed to meeting their moral standpoint, even though what those states have done "is legal". However they have failed to include fair taxation as one of their moral stances, and they are screwing over entire countries, and for this I find that I have to take the moral decision Apple refuses to make, and take my $ elsewhere.
Apple, you can keep 100% of my $0.

Comment Re:If it's legal... (Score 1) 447

Taxing one company and not another is also bad practice.

For example if you and I had identical companies, except YOU had to pay taxes and I did not.
Which company has a financial (and unfair) advantage ?

Because that is what is happening, local companies who can not implement this profit shifting scam are forced to pay taxes, while Apple avoids them.
WORSE though, is because Apple pays no taxes other companies must pay more to make up for it

By allowing a corporation the scam the system we are disadvantaging local companies who employ local workers
No one really cares too much if a better product displaces an older product, companies come and go, but when these displacements happen because one company did not have to pay taxes, that is unfair competition.

Comment Re:If it's legal... (Score 1) 447

well in New Zealand our tax system is simplified , we essentially have no tax deductions for wage/salary workers.

Our retail pricing laws are simple, prices MUST include all taxes, fees or otherwise. If something say $100 and you pay cash/eftpos then $100 is what you pay.

Its simple, its clear, its easy to understand, its cheap to administer, and its honest.

So we don't get to "minimise" our taxes, they already are.

Apple proves the law is an Ass. It also proves that corporate America has too much influence on government policy.
We can CHANGE the law, for example we could say unless you pay the same level of taxes a New Zealand firm would pay, you have no legal standing in New Zealand, you have no copyright, no patent, no trade name rights.You have no access to the law, no access to the courts.

If companies want to make compliance, transactional friction, etc low, then they must also accept that they have to behave in a similarly honourable fashion. The alternative is to make a LOT of laws to force compliance which only increases their exposure to the laws (if they break them) and increases business costs. They can NOT have it both ways.

Comment Re: American corporations are evil (Score 1) 447

No, because that store worker is a citizen and they are protected by the law.

But Final Cut Pro and all the other Apple software, THAT would have no protection

And here is the funny part "We would pay Apple as much as we legally have to", $0.

If the "legally have to" is all that is important, then corporations should have no complaints, after all thats their stance.

Comment Re: American corporations are evil (Score 1) 447

No, they should pay the same taxes as if they were a local company.

OR, the could pay based on what they believe their intellectual property (copyright,patent,trade name) is worth to them, or better yet what NZ believes its worth to them. If they don't pay then they have no legal rights.

Just as Chinese laws don't apply to US citizens, US laws dont apply to people/companies here in New Zealand. Apple can take the stance they are 100% outside of NZ and therefore don't believe they have to pay taxes, but equally they have should have no legal protection/rights here in NZ.

Apple will quickly realise that 70% of something is better than 100% of nothing.

Oh, and we have every open importation laws too, so if Apple ups its prices, businesses will buy from overseas and parallel import, so we will STILL get Apple products at a competitive rate. And is Apple has no presence here in NZ, they have should have no legal standing either.

Its pay your taxes or bugger off

Comment Re: American corporations are evil (Score 1) 447

$0.

New Zealand has one of the most open economies in the world.
We dont have import tariffs , we dont have corporate tax subsidies or any of the other shenanigans other countries use to raise the price of imports

Sales taxes are paid ONLY by the end consumer, businesses can claim GST (sales taxes) back.
Businesses are only obligated to collect sales taxes from end consumers and pass them on.

Comment Re:That's their job (Score 2) 447

So, the Corporate pays no taxes.
The Corporate then owns the home, and pays no taxes
The corporate effective makes zero profit , but it pays 100% of it back to the resident of the house, the sole shareholder.

That corporation is outside of US law, so it can do all sorts of things, like pay for the house occupier to inspect the other houses they may occupy, first class flights, house staff, access to a boat etc.

These people will pay HUGE election donations to what ever politicians they need to to ensure they do not meet the tax burden they should. And they will pay lawyers and accounts to hide income etc etc as best they can.

The money Apple does NOT pay (because of profit shifting) does not go to the USA anyway, so the US tax laws are irrelevant

Change the laws, remove the deductibility of "licensing". Companies the licence their trade names etc will be forced to bring these fees down to a realistic level or businesses will choose a cheaper brand to represent. And those like Apple to license from themselves will see no benefit from doing this and drop it because it costs money to implement with zero financial benefits.

Comment Re:That's their job (Score 1) 447

Thats because you have given large corporations too many rights, and their ability to influence laws, taxes, etc for their sole benefit has also grown.

Because corporations can't vote, a lot of resources are going into voter registration acts that keep as many poor people off the roles as possible, that one man one vote gives the poor too much power over the wealthy few.

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