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Title: Tangled web: Playing games with Apple’s accounting games Post by: HCK on October 10, 2015, 03:00:12 am Tangled web: Playing games with Apple’s accounting games
<article> <section class="page"> <p> Which is worse, Apple’s maybe too-clever accounting that keeps it from paying taxes on its foreign cash or pretending that cash might as well not even exist?</p><p> Writing for MarketWatch (catch phrase: “We watch it, but we don’t really understand it.”), Brett Arends warns that “Apple’s real cash pile is 99% smaller than you think.” (http://www.marketwatch.com/story/apples-real-cash-pile-is-99-smaller-than-you-think-2015-10-07) (Tip o’ the antlers to Joel Teitelbaum (https://twitter.com/joelteitelbaum/status/651752807117258752).)</p><p> Arends sets the table with Apple’s cash hoard before deliberately trying to pull out the table cloth in such a way as to send the plates flying everywhere.</p><p class="jumpTag"><a href="/article/2990293/business/tangled-web-playing-games-with-apple-s-accounting-games.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article> Source: Tangled web: Playing games with Apple’s accounting games (http://www.macworld.com/article/2990293/business/tangled-web-playing-games-with-apple-s-accounting-games.html#tk.rss_all) |