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Apple's Taxes
smartertimes.com
The Times business section carries an article by Charles Duhigg and David Kocieniewski that is skewed to argue that Apple doesn't pay as much American tax as the Times seems to think it should pay. Here is the way the Times article frames it: "Apple's domestic tax bill has drawn the interest of corporate tax experts and policy makers because although the majority of Apple's executives, product designers, marketers, employees, research and development operations and retail stores are in the United States, in the past Apple's accountants have found legal ways to allocate about 70 percent of the company's profits overseas, where tax rates are often much lower, according to corporate filings."
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Apple's Taxes
smartertimes.com
The Times business section carries an article by Charles Duhigg and David Kocieniewski that is skewed to argue that Apple doesn't pay as much American tax as the Times seems to think it should pay. Here is the way the Times article frames it: "Apple's domestic tax bill has drawn the interest of corporate tax experts and policy makers because although the majority of Apple's executives, product designers, marketers, employees, research and development operations and retail stores are in the United States, in the past Apple's accountants have found legal ways to allocate about 70 percent of the company's profits overseas, where tax rates are often much lower, according to corporate filings."
Read More...
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Charles Duhigg
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