Apple accused of using different locations in order to avoid paying taxes

Posted by Unknown Monday, April 30, 2012

The New York Times has accused Apple of using their offices in Nevada and Ireland solely for the purpose of not paying taxes. Apple offices in these places used specifically for better tax treatment, which would free the company to face substantial tax payments. The Cupertino have responded to accusations by ensuring that they have paid a large sum of taxes and also have generated more than 47,000 jobs.

Apple has gained wide popularity in recent years. The company has made their products some of the most admired and his fame across borders worldwide. Despite the positive aspect of this reputation, which can be seen in spectacular economic performance, the fact is that Apple's popularity has also led to some suspicion about their activities.

Now that Apple is so successful, many wonder whether the activities of the company are fully within the legal and ethical. In this sense, The New York Times has accused Apple of using their offices in different states and countries to take advantage of tax benefits. The American newspaper has cited a case that Apple would be doing to save millions of dollars.



Apparently, Apple is using an office in the state of Nevada for collection and investment. In that state there is no U.S. income tax, eliminating a major cost to the company. By contrast, in California, the state where Apple is headquartered, the corporate tax is about 8.84 per cent, Apple lastraría operations.

According to The New York Times, Apple takes advantage of this circumstance to perform through the office of Nevada and thus avoided the payment of part of their transactions. Similarly, the company, like other known, would perform the same operation in Europe, with sales throughout Ireland.

Apple has been quick to respond to these allegations and has defended his tax contribution. The company has said that so far, 2012 has paid more than 5,000 million dollars (about 3.771 million euros) in taxes in America. In addition, Apple has emphasized that generated over 47,000 jobs just in the North American country.

Apple has said it has always done all his business "to the highest ethical standards, complying with applicable laws and accounting standards." With these data, the company expects the controversy over its activities cease and not be questioned either the legality or morality of their activities.

,,,,,,

0 comments

Post a Comment

Related Posts Plugin for WordPress, Blogger...