Title: Apple’s latest UK tax bill: £12.9M, the equivalent of just two hours of global profits Post by: HCK on June 27, 2016, 04:05:23 pm Apple’s latest UK tax bill: £12.9M, the equivalent of just two hours of global profits
<div class="feat-image">(https://9to5mac.files.wordpress.com/2016/06/covent-garden.png?w=1600&h=1000#038;h=500)</div> <p>With a <a href="http://9to5mac.com/2016/03/07/apple-tax-investigation-europe/" target="_blank">long-running[/url] EU <a href="http://9to5mac.com/2014/06/10/eu-launching-formal-investigation-into-apples-tax-practices-in-ireland/" target="_blank">investigation[/url] into the legality of Apple’s tax arrangements in Europe still showing no signs of reaching a conclusion, the size of last year’s UK tax bill isn’t likely to help its cause. Apple’s latest accounts show that it paid just £12.9M ($17M) in UK corporation tax despite making an estimated £2B ($2.6B) profit in the country.</p> <p>As the <a href="http://www.dailymail.co.uk/news/article-3660737/Apple-paid-just-12-9m-UK-tax-year-despite-making-money-cover-entire-bill-TWO-HOURS.html" target="_blank">Mail Online[/url] notes, this is the equivalent of just two hours’ profits on its global sales …</p> <p> <a href="http://9to5mac.com/2016/06/27/apple-tax-uk-europe/#more-436988" class="more-link">more…[/url]</p> Filed under: <a href='http://9to5mac.com/category/apple/'>Apple[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/9to5mac.wordpress.com/436988/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/9to5mac.wordpress.com/436988/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/9to5mac.wordpress.com/436988/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/9to5mac.wordpress.com/436988/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/9to5mac.wordpress.com/436988/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/9to5mac.wordpress.com/436988/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/9to5mac.wordpress.com/436988/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/9to5mac.wordpress.com/436988/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/9to5mac.wordpress.com/436988/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/9to5mac.wordpress.com/436988/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/9to5mac.wordpress.com/436988/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/9to5mac.wordpress.com/436988/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/9to5mac.wordpress.com/436988/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/9to5mac.wordpress.com/436988/" />[/url] <img alt="" border="0" src="(http://[img]http://pixel.wp.com/b.gif)[/img]?host=9to5mac.com&blog=22754319&post=436988&subd=9to5mac&ref=&feed=1" width="1" height="1" /><img alt="" border="0" src="(http://[img]http://pixel.wp.com/b.gif)[/img]?host=9to5mac.com&blog=22754319&post=436988&subd=9to5mac&ref=&feed=1" width="1" height="1" /><div class="feedflare"> <img src="http://feeds.feedburner.com/~ff/9To5Mac-MacAllDay?i=Ko11XhYlnO8:A5be_ADDbeI:D7DqB2pKExk" border="0"></img> (http://feeds.feedburner.com/~ff/9To5Mac-MacAllDay?a=Ko11XhYlnO8:A5be_ADDbeI:D7DqB2pKExk) </div><img src="http://feeds.feedburner.com/~r/9To5Mac-MacAllDay/~4/Ko11XhYlnO8" height="1" width="1" alt=""/> Source: Apple’s latest UK tax bill: £12.9M, the equivalent of just two hours of global profits (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/Ko11XhYlnO8/) |