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Title: News: Apple responds after leaked records show overseas profits being moved to avoid taxes Post by: HCK on November 08, 2017, 04:05:27 pm News: Apple responds after leaked records show overseas profits being moved to avoid taxes
(http://assets.ilounge.com/images/uploads/jersy_Shore.jpg) Leaked documents show Apple began to move its offshore profits to the English Channel island of Jersey after heat from the European Union threatened to compromise its low-tax arrangement in Ireland, The New York Times reports. The records show Apple solicited the help of law firms that specialize in creating offshore tax shelters to research multiple tax jurisdictions before settling on Jersey, an independent island outside of EU jurisdiction that… Source: News: Apple responds after leaked records show overseas profits being moved to avoid taxes (http://www.ilounge.com/index.php/news/comments/apple-responds-after-leaked-records-show-overseas-profits-being-moved-to-av) |