[dba-Tech] Apple's move to Ireland

[Rocky Smolin]

Let's start with legislation.  The companies aren't doing anything wrong.
Their job is to maximize shareholder value.  

Why would a company voluntarily choose to not take advantage of something
that could save them tens of millions of dollars which at the same time
would put them at a competitive disadvantage.

The companies are the wrong targets - they're doing what they were designed
to do - act in the interest of the owners - just like you would if you were
running a bakery.

The true target of your angst should be the Congress which made the laws
that allows these inversions.

BTW - do they have the same thing going on in Canada?

And are you going to sell those shares?

r 

-----Original Message-----
From: dba-Tech [mailto:dba-tech-bounces at databaseadvisors.com] On Behalf Of
Arthur Fuller
Sent: Saturday, November 28, 2015 4:50 PM
To: Discussion of Hardware and Software issues
Subject: [dba-Tech] Apple's move to Ireland

I own a few shares of Apple. This move to landing the company off-shore to
Ireland disgusts me. I'm not sure how to fix this; let's start with the HQ
should be based on the amount of revenue generated by any given country,
There are probably flaws in this simplistic solution, but it's a start. A
way larger solution would involve all the nations coming together on a
uniform tax deal so it would not benefit any company moving its headquaters
to somewhere else. I doubt that this is going to happen, since many nations
see only the short-term prospects. But I remain in the hope that we can view
the big picture. Yes, I am naive.

--
Arthur
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