| Cult of Mac

Leaked documents reveal Apple’s newest tax haven

By

Apple is made of money.
Apple's tax practices save it billions of dollars.
Photo: Ste Smith/Cult of Mac


Dodging taxes is still one of Apple’s top priorities.

The iPhone-maker has come under serious fire in both the U.S. and internationally for its tax practices, but according to a new batch of leaked documents, the company is still doing everything it can to avoid paying the full amount.

Apple Stores will now pay you to sign up for Apple Pay

By

Apple_Store_Union_Square_exterior_side
Now is a good time to sign up for Apple Pay.
Photo: Leander Kahney/Cult of Mac

The next time you make a purchase at your local Apple Store, expect to be asked if you want to buy your items with Apple Pay.

Apple is launching a new promotion for its contactless payment system this week that will emphasize paying with your iPhone or Apple Watch rather than busting out a credit card. And those that haven’t signed up for Apple Pay yet will get some free money.

U.S. eyes tax breaks to lure Apple’s billions back home

By

Cash-Money

Apple has a massive pile of cash sitting overseas and the U.S. Senate is now weighing options on how to entice Cupertino to bring all $138 billion of it back to American soil.

Senate Democrats and Republicans are reportedly in discussions about passing legislation that would give American companies like Apple and Google a one-time tax break if they repatriate profits stashed overseas.

Apple Posts Wish List For U.S. Corporate Tax Reform

By

245138-tim-cook-introduces-iphone-4

Apple CEO Tim Cook is scheduled to appear before a Senate committee tomorrow morning to talk about Apple’s off-shore cash that’s now worth over $100 billion. Last week, Cook stated that his company believes the entire U.S. corporate tax system needs to be overhauled to encourage companies like Apple to bring earnings from overseas back to the U.S.

This afternoon Apple published its testimony before the Permanent Subcommittee on Investigations, that contained a wish-list for the type of comprehensive corporate tax reform it thinks would be best for the U.S. tax system. Following the company’s ethos to believe in the simple, not the complex, Apple’s tax-wish list would dramatically simplify the U.S. corporate tax system.

In its testimony, Apple states that the comprehensive reform should have the following traits:

OpenSignalMaps, An Amazingly Slick Way To View International Cellphone Coverage

By

wpid-Photo-05092012-1300.jpg
Probably the best way to check network coverage we've seen.

Did you ever check to see which carrier offers the best coverage in your town? Or – worse – did you ever wonder which carrier’s pre-pay SIM you should buy when you go on vacation? It’s hell, right? Those maps are so deeply hidden in the carriers' sites that it’s almost like they didn’t want you to find them.

Enter OpenSignalMaps, which is not only an independent map showing you the 2G, 3G and 4G coverage in much of the world, but is also just about the sleekest and slickest map/info site we’ve ever seen. And it works just great on iOS devices.

 

4 Ways to Get an iPad 2 Imported from the U.S.

By

ipad2

Following the incredibly successful launch of the iPad 2 in the U.S., it seems that once again Apple is struggling to meet the demand for its highly sought-after tablet, and this could mean dreaded delays for international launch dates. If the iPad 2 doesn’t arrive on time in your country and you’re keen to get your mitts on the latest device soon, here are four ways of getting one imported from the U.S.