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Title: Everyone's Doing the Apple Tax Dance Post by: HCK on April 30, 2012, 11:00:56 pm Everyone's Doing the Apple Tax Dance
Apple is employing several legal tax strategies to take its record-setting profit levels even higher. For example, the company's business doesn't just operate out of Cupertino, Calif., where the corporate tax rate is 8.84 percent. Apple has an office in Reno, Nev., where it can manage investments at a zero percent corporate tax rate. http://ectnews.com.feedsportal.com/c/34520/f/632003/s/1ee0f413/l/0L0Smacnewsworld0N0Crsstory0C749860Bhtml/story01.htm |