Wednesday, May 29, 2013

Quote of the day: Apple's taxes

From Lee Sheppard, a top U.S. tax expert:
The [Irish] holding company pays no tax to any government, and has not paid tax for five years. It claims tax residence nowhere.
Even for a jaded tax lawyer used to hokey schemes to avoid taxation, Appleā€™s arrangements were surprising.
Our quote of the day is the bit in bold. The article is excellent.

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