July 1, 2013

APPLE paid NO UK corporation tax in 2012...

Apple did not pay UK corporation tax last year, according to its latest filings, which are likely to underline the controversy over the US tech giant’s tax planning.In May, a US Senate committee highlighted Apple’s overseas tax rate of less than 2 per cent, which it said reflected its ability to shift profits into Ireland. http://m.ft.com/cms/s/0/13273fae-e1a3-11e2-95c1-00144feabdc0.html

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