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Cake day: June 12th, 2023

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  • kunaltyagito196@lemmy.worldTaxation Rule
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    3 months ago

    Companies can and do move their IP.

    It doesn’t impact their existing cash resources but they can ensure future cash flows are taxed less. There was a reason the Ireland Dutch sandwich became really popular and how Apple has lots of cash it can’t really use without paying tax on it.