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What's happening with Amazon??
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<blockquote data-quote="FrigidAdCorrector" data-source="post: 1517751"><p>You don't even need a lobbyist to get tax breaks. Most of the low tax rates aren't even that. It's all about where you earn your money. Companies like Apple have a subsidiary in Ireland. All the profits they earn in Europe go to that subsidiary. Since there is no corporate tax there they keep all their money. A massive chunk of Apple's cash is actually in Ireland. They can't bring it back without taking a massive tax hit.</p><p></p><p>They're good at retail and surprisingly hosting websites. I read an article a couple years back and was shocked to see how many popular websites are hosted on Amazon servers. They found what they're good at, they just want to be the new google.</p></blockquote><p></p>
[QUOTE="FrigidAdCorrector, post: 1517751"] You don't even need a lobbyist to get tax breaks. Most of the low tax rates aren't even that. It's all about where you earn your money. Companies like Apple have a subsidiary in Ireland. All the profits they earn in Europe go to that subsidiary. Since there is no corporate tax there they keep all their money. A massive chunk of Apple's cash is actually in Ireland. They can't bring it back without taking a massive tax hit. They're good at retail and surprisingly hosting websites. I read an article a couple years back and was shocked to see how many popular websites are hosted on Amazon servers. They found what they're good at, they just want to be the new google. [/QUOTE]
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