06.03.2014 16:05 Uhr, Quelle: iPodlounge

News: Report: Apple moved $8.9B in profits to tax haven

Apple has moved roughly $8.9 billion in untaxed profits from its Australian operations to a tax haven structure in Ireland over the last decade, The Australian Financial Review reports. The article claims that while Apple reported pretax earnings of $88.5 million in Australia last year, the company “sent $2 billion of income from its Australian sales to Ireland via Singapore, where Apple negotiated a secret tax deal.” Using 10 years of…

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