MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
|
|
Apple paid only 2% corporation tax outside US
By artappraiser on Mon, 11/05/2012 - 12:46am |BBC News, November 4, 2012
Apple paid less than 2% corporation tax on its profits outside the US, its filing with US regulators has shown. The company paid $713m (£445m) in the year to 29 September on foreign pre-tax profits of $36.8bn, 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 [....]
All of the companies pay considerable amounts of other taxes in the UK, such as National Insurance, and raise large sums of VAT [....]
URL:
http://www.bbc.co.uk/news/business-20197710
- 283 reads