Apple Isn’t a Financial Mastermind, They're Only Following the Law

That is besides the point. The main point highlighted by the committee is that companies like Apple, large companies that operate across the world have a choice in how much tax they can pay.<p>Your small start up or your uncle's deli does not have that choice. Apple decides it will pay tax on profits generated in Mexico, Canada and Brazil in the US (~6 Billion) but profits generated in the rest of the world just sit in Ireland collecting dust.<p>So tomorrow Apple can easily decide to move profits from Mexico, Brazil and Canada to Ireland too. Which is all fine. Just means less US tax revenue. Less kids get STEM scholarships and more H1B visas.<p>Apple and the rest of the MNC's are never going to admit this has a cost to America but it does. All they are saying is we have a legal right to do it.<p>Sort of like a son telling the father thanks for paying for my upbringing and college now I am moving to China and dont look at me if your need anything in you old age cause I dont have any legal obligations.

I do not know what type of fiscal policies Apple follows. I know other corporations have found ways (i.e., sometimes legal, sometimes gray area, sometimes blatantly illegal) to shift profits, losses, non-cash assets, cash and other financial items from one country to another.<p>I would think that any question and/or answer to these potentially complex issues should include disclosure of any type of transfer to and/or from different countries.