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[BBC] Apple paid only 2% corporation tax outside US  

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Quote:
Apple paid less that 2% corporation tax on its profits outside the US, its filing with US regulators has shown.

Apple paid $713m (£445m) in the year to 29 September on foreign pre-tax profits of $36.8bn (£23.0bn), a rate of 1.9%.

It is the latest company to be identified as paying low rates of overseas tax, following Starbucks, Facebook and Google in recent weeks.

Source

So many exploited loopholes, it starts to make sense of the enormous legal team budgets.
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post #2 of 2
Already on the 2nd reply this thread managed to get really political. I'm not even gonna bother handing out infractions, just consider this a formal warning to everybody who participated in this thread. Politics are not allowed in this site - please do not repost this news article.
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Overclock.net › Forums › Industry News › Technology and Science News › [BBC] Apple paid only 2% corporation tax outside US