Demonic taxing ogre argues self assurance of assets that received a tax evaluation of 100 billion yen as self assessment 20,000 yen

by atmtx

Apple, famous for being thoroughly offshore and keen on tax savings, received an assessment of a taxable rating of $ 1 billion (about 110 billion yen) on assets attached to the new company Apple Park "The asset's valuation is 200 dollars (about 22,000 yen)," he says.

Want a lower tax bill? So do Apple and Genentech - SFChronicle.com
https://www.sfchronicle.com/business/article/Want-a-lower-tax-bill-So-do-Apple-and-Genentech-13148121.php

Property tax is imposed on real estate and depreciable assets once a year even in the United States. The property tax is assessed for the taxable asset and the taxable amount is decided according to the assessed amount. However, for taxpayers who want to keep the tax payment to a low level, the taxpayer estimates the value of the target asset low, The tax collector who wants it is usual to estimate the value of the target asset highly. For this reason, taxpayers declare self-assessment amounts, tax collectors make assessments with reference to self-assessment, and determine the amount of taxation.

Of course, it is commonplace that there is a discrepancy in opinion on the evaluation, taxpayers and tax collectors discuss, but if the opinions do not agree, the taxpayer will challenge the taxable amount and compete in trial I will. According to tax experts, it is not uncommon for companies to object to the evaluation of high value-added assets of billions of dollars (hundreds of billions of yen) in the United States. If the asset is expensive, the taxable amount will change in units of millions of dollars (hundreds of millions of yen), so offering a tax change is commonplace in the United States of the litigation society.

by Crypto News Daily

Companies that pay taxes to Santa Clara County, California, USA include the world's leading IT companies such as Google, Sun Microsystems and Applied Materials, but the top tax payment is Apple. And Apple not only pay taxes most, it seems to be the company that disputes the most tax.

In the appeal trial of Apple in 2015 that appealed to Santa Clara County for asset tax, assets of Cupertino's Apple Park were valued at $ 1 billion (about 110 billion yen), while Apple It was claimed that the appraisal value was only 200 dollars (about 22,000 yen) ". Even in another lawsuit, Apple is said to have issued a self assessment of $ 200 for an evaluation of $ 384 million (about 43 billion yen).

There is a difference of 5 million times between 1 billion dollars and 200 dollars, but the reason why the appraisal value evaluation is largely divided is that assets that are taxable are assets unique to high-tech companies such as machinery, electronic equipment and computers, It is because the evaluation of it becomes complicated.

Even if Apple 's assertion stays, even if Apple' s assessed value of taxable asset is $ 200, Apple has hired a large number of experts including lawyers in this tax case and hence a large expenditure is necessary. However, it is about Apple that does not compromise on the pursuit of profit, so even if you spend a lot of money it will not be wrong to say that there are many recurring entries.