– In Ireland, Apple’s effective tax rate was reported at 0.005% in 2014 despite the official rate being much higher.
– It utilizes lobbying and legal resources extensively around the world.
!Apple logo graphic with American flag
Image: Foundry
India must consider how multinational corporations like Apple exert influence over sovereign nations’ policy-making processes regarding taxation and digital infrastructure. For developing economies such as India, this raises critically important questions about balancing foreign technology investments while safeguarding national interests related to data privacy or tax compliance.
As India seeks stronger regulatory frameworks for Big Tech companies operating within its borders-including scrutiny on topics ranging from antitrust practices to cybersecurity-examples such as the EU’s ability to enforce collective rules could offer a roadmap for achieving meaningful change.
Any unilateral attempts by individual governments might risk failure if countries lack bargaining leverage or rely disproportionately on large corporations that hold considerable global sway.India’s proactive leadership in framing digital public goods like Aadhaar implies ongoing efforts toward retaining control over critical policy environments amid broader commercial pressures from global tech players.Read More: Macworld Article