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Anorak | Why should Apple pay US taxes?

Why should Apple pay US taxes?

by | 25th, April 2012

APPLE’S results are out and they’ve had another giganticly stonking quarter. But there’s something I do wonder about. There’s a campaign in the US to make companies pay US corporation tax: at the moment, if a US company makes money offshore and doesn’t bring it into the US then it doesn’t pay tax on those profits.

We’ve had a similar argument here over Vodafone. That was all about whether a Luxembourg part of Vodafone should pay UK tax on the profits it made selling phones in Germany to Germans.

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Posted: 25th, April 2012 | In: Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink