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Tag: taxes
EU leaders pledge to ensure all pay fair share of taxes
2013-05-23 02:00:00| Total Telecom industry news
Likes of Google, Apple recognise bulk of revenue in Ireland to lower tax bills.
Portland Occupancy Taxes
2013-05-22 22:36:59| PortlandOnline
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Apple defends offshore decisions that result in low taxes
2013-05-22 13:28:16| InfoWorld: Top News
Apple pays a fair share of the taxes it owes the U.S. and other nations, its CEO said Tuesday, despite criticism from U.S. senators that the company is ducking taxes by shifting profits to subsidiaries that the company does not consider tax residents of any nation.
Apple Used Loopholes To Skip Paying U.S. Taxes On $44 Billion In...
2013-05-21 12:59:50| Wireless - Topix.net
Apple relied on a "complex web of offshore entities" and U.S. tax loopholes to avoid paying billions of dollars in U.S. taxes on $44 billion in offshore income over the past four years, according to excerpts from a Senate subcommittee report to be released tomorrow as Apple CEO Tim Cook testifies on the company's overseas operations.
Senate report: Apple claims subsidiaries to avoid paying billions in taxes each year
2013-05-21 12:51:08| InfoWorld: Top News
Apple has set up three foreign subsidiaries that the company claims are not resident in any nation for taxing purposes, in an effort to avoid paying tens of billions of dollars in taxes to the U.S. and other countries, according to a new report from a U.S. Senate subcommittee. Apple has set up a "complex web" of offshore entities to avoid paying taxes, with some subsidiaries set up in low-tax Ireland, according to a report released Monday by the investigations subcommittee of the Senate Homeland Security and Governmental Affairs Committee.
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