Saturday, April 28, 2012

Evil Apple: Tax Dodging Edition

Apple’s Tax Strategy Aims at Low-Tax States and Nations -

...Yet, with a handful of employees in a small office here in Reno, Apple has done something central to its corporate strategy: it has avoided millions of dollars in taxes in California and 20 other states.

Apple’s headquarters are in Cupertino, Calif. By putting an office to collect and invest the company’s profits out of Reno, just 200 miles away, Apple sidesteps state income taxes on some of those gains...

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