All items tagged with "tax avoidance"

Apple Didgeridon’t Pay Their Australian Taxes, Investigators Claim

apple-money-logo

Apple has been accused of shifting close to $8.1 billion in untaxed profits from its Australian operations to Ireland over the past ten years.

An investigation by the Australian Financial Review got hold of a decade’s worth of financial accounts for the Irish-based “Apple Sales International” — which supposedly show how Apple shifted untaxed profits from Australia to Ireland, where the company pays just 0.7% tax on its turnover.

Read the rest of this post »