A rotten Apple

[packman]

[URL=.html][IMG][/IMG][/URL]




How much American can you get - Apple products = America. Yet they pull this shit. Certainly it is the worm in the MacIntosh



Fruity cargo cult Apple is one of the worst US tax avoiders, according to new statistics compiled by the Citizens for Tax Justice and the US Public Interest Research Group Education Fund.
The study found that nearly three-quarters of the firms on the Fortune 500 list of biggest American companies by gross revenue operate tax haven subsidiaries in countries like Bermuda, Ireland, Luxembourg and the Netherlands. Jobs’ Mob holds $181.1 billion offshore, more than any other US company, and would owe an estimated $59.2 billion in US taxes if it tried to bring the money back to the United States from its three overseas tax havens, the study said. The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid paying US taxes. - See more at: http://www.techeye.net/business/apple-fingered-as-the-worst-tax-avoider-in-the-us#sthash.QYWo88cG.dpuf

[PoliticAverse]

1. Apple head Tim Cook actually testified that Apple doesn't use tax "gimmicks" to avoid paying taxes..

http://www.usatoday.com/story/money/business/2013/05/21/apple-tax-hearing/2344351/

For how Apple does it see...
https://en.wikipedia.org/wiki/Double_Irish_arrangement

[Erich Bloodaxe BSN]

2. Which is why their lobbyists are always trying to push for 'tax amnesties' to move money back to the

US without paying the taxes they would owe on it, claiming it would 'help the economy'. No, what would 'help the economy' is you paying the taxes you owe on it and bringing it back.