Comment on What the AMPTP is refusing to grant the WGA vs. their profits
glockenspiel@lemmy.world 1 year agoGreat breakdown! Given that this is Lemmy and we trend toward more tech focused, people might gel better with Apple and Microsoft. They both do this sort of thing, but Apple is well known for their Irish tax haven holding all of their IP and other rights so Apple can lease it back from themselves and account for pure profit as expenses. That’s also how Amazon pays little to no taxes. Or sometimes these company’s pay negative tax rates meaning they get government welfare to buy billionaires fudge rounds presumably, in conservative populist parlance.
FlyingSquid@lemmy.world 1 year ago
Although, as the chart shows, Apple is also a production company now, so it also needs to start paying residuals.