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Tax

A Congressional investigation found that Apple has avoided BILLIONS in taxes.

A Congressional investigation found that Apple has avoided BILLIONS in taxes. Senator John McCain said, “Apple claims to be the largest U.S. corporate taxpayer, but by sheer size and scale, it is also among America’s largest tax avoiders.” [NY Ti…

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How Apple Just Avoided Paying $9.2 Billion in Tax

When you’re a company as big as Apple, saving on tax bills is important—especially when they’re in the billions. Fortunately its team of accountants has just managed to save it a cool $9.2 billion.
The trick—I think we can call it a trick—involv…

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Apple Only Pays 1.9 Percent Tax Outside the US

According to an international financial statement filed by Apple, the company manages to pay just 1.9 percent income tax on its foreign earnings, meaning it pays a mere $713 million in tax on e…

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