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Author Topic: Germany’s biggest newspaper claims Apple pays only 1% to 7% tax on overseas income  (Read 84 times)
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« on: November 09, 2017, 04:05:21 pm »

Germany’s biggest newspaper claims Apple pays only 1% to 7% tax on overseas income

<div class="feat-image"></div><p>The editor in chief of Germany’s biggest newspaper, Süddeutsche Zeitung, has written an open letter to Apple CEO Tim Cook in which he claims that Apple pays ‘between 1 and 7 percent’ tax on its overseas income.</p>
<p>Wolfgang Krach says the numbers were reached by its analysis of the so-called paradise papers, a massive leak of financial records relating to offshore holdings in countries commonly used as tax havens. He attacks Apple for ‘shirking’ its tax obligations and for failing to answer questions put by the paper …</p>
<p> <a href="https://9to5mac.com/2017/11/08/suddeutsche-zeitung-open-letter-to-tim-cook/#more-507531" class="more-link">more…[/url]</p><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=507531&subd=9to5mac&ref=&feed=1" width="1" height="1" /><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=507531&subd=9to5mac&ref=&feed=1" width="1" height="1" /><div class="feedflare">
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Source: Germany’s biggest newspaper claims Apple pays only 1% to 7% tax on overseas income
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