Monday, May 20, 2013

Apple Shifted Money to Avoid Billions in Tax, Inquiry Finds

http://www.nytimes.com/2013/05/21/business/apple-avoided-billions-in-taxes-congressional-panel-says.html?hp&_r=0

Though the company is the nation’s most profitable technology company, it avoided taxes by making some of its units “stateless,” and exempt from taxes everywhere.

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