Apple responds to Paradise Papers: We’re world’s largest taxpayer

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Apple could be a $2 trillion company by end of 2021
Apple says that it pays all the tax that it owes.
Photo illustration: Ste Smith/Cult of Mac

Apple has denied that it moved some of its operations from Ireland to Jersey, one of the largest of the Channel Islands, as an offshore tax haven so as to keep hold of its low tax rate.

The company issued a statement in the wake of the “Paradise Papers” reveal, showing details about how wealthy individuals and companies move large quantities of money overseas to bypass taxes. However, Apple says that no actual operations or investments were moved from Ireland.