Designed by Apple in California and Taxed Nowhere

The Apple Corporation’s ad campaign is happy to associate itself with our biggest and richest state.  But when it comes to paying taxes here –or anywhere, watch out.  “Apple has been a pioneer in tactics to avoid paying taxes to Uncle Sam,” says the N.Y. Times.  This has been going on for years.  And Apple dodges taxes in the U.K., too.  And en France.   Intangible-rich companies like Apple shift income to tax havens, and the big countries haven’t mustered the will to stop them.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s