Wednesday, May 22, 2013

CONGRESS - Apple Takes Bite Out of Taxpayers

"Congressional Hearing on Apple Tax Practices Puts Spotlight on Legal Loopholes" PBS Newshour 5/21/2013

Excerpt

SUMMARY:  Tech giant Apple has avoided paying billions of dollars in taxes to the U.S. or any country by using a complex web of Irish subsidiaries.  But Apple is not alone, and none of the practices are illegal.  Margaret Warner talks to Charles Duhigg of The New York Times for more on corporate tax loopholes.

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