One reason I believe Apple paid more in tax than Walmart is because of revenue/ sales. Walmart may sell more units at a cheaper price, while Apple may sell less units at a higher price. These differences in pricing can certainly affect the gross margin percentage, which can specifically affect income tax that the companies may receive. The gross profit margin percentage states that Apple may have a definite percentage of its revenues available after it pays all the fees related with producing its merchandise. This gross profit can be used for working expenses, interest, taxes, dividend payouts, etc. Therefore, I think the main reason why Apple’s income tax is higher than Walmart’s is ultimately do to the fact that Apple has more taxable money
