Apple tax evasion
"Apple pays every tax dollar we owe," Cook said.
“Aggressive tax planning by the multinational companies has been criticized by governments across the globe and has damaged
Why should Apple have access to U.S. consumers if Apple refuses to pay its fair share of taxes to finance the infrastructure and education that Americans need to improve their living standards? Americans could buy from one of Apple's competitors instead.
Apple's latest product isn't disruptive to the music industry, cell phones or television. It's aimed at the United States of America.
Because they can indefinitely shield their foreign profits from U.S. taxes, meanwhile engaging in endless (legal) schemes to avoid taxes in countries where they book those earnings, the link between the profitability of American companies and the well-being of America is broken.
I want Apple to innovate with new "incredibly great" products that wow the world like the iMac and iPhone did--not with new ways of nickel and diming Uncle Sam. Do what's right and stick to what Apple does best and continued success will surely follow.
Corporations aren’t the only ones keeping their money overseas, however. A Center for Public Integrity report released Wednesday
Thing One: Tax Evasion Takes Down Major Bank: Apparently helping the super-rich not pay their taxes can have its consequences
Supersized tax loopholes coupled with the belief that increasing corporate taxes will jeopardize the economy are costing California. There are wise revenue solutions. Our elected officials just need to be willing to identify them and take a stand.
The tax breaks from Travis County isn't the only way Apple is sidestepping taxes. The company is holding about two-thirds
We are currently having a debate in this country about fairness and our tax systems. That's a good debate to have. But insinuating that someone who pays a lower effective tax rate than you is somehow doing something unfair to you does not help the debate.
While Microsoft's tax rate was lower than the nominal corporate rate, it was higher than the 16.4 percent rate the company
American corporations make use of offshore tax havens and creative accounting techniques to legally avoid paying taxes in the United States, while still racking up record profits. The seriousness of the problem cannot be overstated.