Apple Avoids Overseas Taxes, Panel Finds

Apple Avoids Overseas Taxes, Panel Finds

online.wsj.com
New Apple paid little to no corporate income tax to any nation on tens of billions of dollars in income over the past four years, Senate investigators disclosed ahead of a hearing on Tuesday....
Apple Avoids Overseas Taxes, Panel Finds
         

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Yahoo Falls Back on to Key List of Top 100 Brands at No. 92, Though Apple Remains No. 1

allthingsd.com
New Yahoo, which had dropped off the important BrandZ Top 100 ranking several years ago, scratched its way on again this year at No. 92. The Silicon Valley Internet giant had last been on the key list of brands in 2009, when it had a brand value of $7.9 billion....
Yahoo Falls Back on to Key List of Top 100 Brands at No. 92, Though Apple Remains No. 1

Senators Levin, McCain accuse Apple of exploiting offshore tax havens

www.electronista.com
In the wake of Apple's published testimony, US Senators Carl Levin (D-MI) and John McCain (R-AZ) have released their own joint statement on the work of the Senate Permanent Subcommittee on Investigations. "Apple Inc. has used a complex web of offshore entities -- including three foreign subsidiaries the company claims...
Senators Levin, McCain accuse Apple of exploiting offshore tax havens

"I Couldn't See It."

parislemon.com
"I Couldn't See It.": Alexis Madrigal spoke with outgoing Intel CEO Paul Otellini about the time Intel talked to Apple about powering the original iPhone: "We ended up not winning it or passing on it, depending on how you want to view it. And the world would have been a lot...
"I Couldn't See It."

"There is a technical term economists like to use for behavior like this. Unbelievable chutzpah."

parislemon.com
"There is a technical term economists like to use for behavior like this. Unbelievable chutzpah." - Edward Kleinbard, a law professor at USC speaking to NYT about Apple's overseas tax situation -- or lack thereof.  One potentially good thing out of all this, Tim Cook will address it directly tomorrow...
"There is a technical term economists like to use for behavior like this. Unbelievable chutzpah."

Apple dodged paying billions in taxes, subcommittee says

news.cnet.com
A senate panel releases a lengthy report detailing how the tech company has used offshore corporate structures to avoid paying billions of dollars in U.S. taxes. [Read more]...
Apple dodged paying billions in taxes, subcommittee says

How Apple sidestepped U.S. taxes: The Senate's version

tech.fortune.cnn.com
The results of its probe of Apple's offshore taxes is now available online. FORTUNE: By Monday afternoon, the day before Tim Cook's scheduled appearance before the Senate Permanent Subcommittee on Investigation, both sides of the story were available online as PDFs: Apple's (AAPL) 17 pages of airbrushed testimony and the subcommitee...
How Apple sidestepped U.S. taxes: The Senate's version

Apple created offshore subsidiaries to avoid paying billions in US taxes, Senate panel says

appleinsider.com
Just hours after Apple published the full testimony which CEO Tim Cook plans to give to the Permanent Subcommittee on Investigations in the U.S. Senate, the government body issued its own findings on the company's offshore tax practices, saying subsidiaries were used to purposefully avoid paying billions of dollars in...
Apple created offshore subsidiaries to avoid paying billions in US taxes, Senate panel says

Apple 'among largest tax avoiders'

www.bbc.co.uk
Apple is accused of being "among America's largest tax avoiders" by a Senate committee, who says the company avoided paying billions of dollars in US taxes....
Apple 'among largest tax avoiders'

Apple Pays No Tax on Much of Its Overseas Income, Senate Panel Finds

allthingsd.com
Apple Inc. has set up corporate structures that have allowed it to pay little or no corporate tax—in any country—on much of its overseas income, according to the findings of a U.S. Senate examination released Monday evening. The unusual result is possible because the iPhone maker’s key foreign subsidiaries argue...
Apple Pays No Tax on Much of Its Overseas Income, Senate Panel Finds
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