Apple is once again under fire in the UK for paying no taxes last year, even though the company earned £68 million (US$103 million) in the country. Apple got around paying UK taxes by offering employees £40 million worth of stock, which the company could then write off as a business expense, thus lowering its taxable income. The company has also carried a £3.8 million tax deduction forward for next year. It should be noted that Apple's tax activities are entirely legal, even though its moral and ethical implications leave a bad taste in the mouth.
Multinational corporations have increasingly come under fire in the UK and t
