The Story of Apple's $14B Tax Bill
It&#x27;s good that multinationals are forced to pay taxes. Otherwise they get an unfair advantage over small companies (since only large ones can afford to pay lawyers and accountants to help them cheat on taxes).<p>A common scheme is that companies pretend to have 0 profit in a market (using various tricks) and then argue they shouldn&#x27;t pay any tax on their profit in said country, because they don&#x27;t have any profit there.<p>But it doesn&#x27;t make any sense. If Apple actually made 0 profit in Europe for the past 10 years, it wouldn&#x27;t stick around. But they have opened hundreds of new stores and hired scores of people. Everyone know they make boatloads of money in Europe (just as everywhere else). Of course they should pay taxes on this profit.