Apple is the latest technology company accused of avoiding U.K. taxes, as the company is said to have paid £10 million in corporation tax last year on estimated sales of £6 billion.
Bloomberg, U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes: Eight of the biggest U.S. technology companies added a combined $69 billion to their stockpiled offshore profits over the past year, even as some corporat... Read Post
Apple has been accused of avoiding paying a proper amount of taxes in the U.K. after making an incredible £6 billion in the last financial year, but paying only £10 million in tax. The Cupertino company runs what is described as a “... Read Post
The Daily Mail is reporting that Apple only paid £10 million in UK corporation tax for the last fiscal year, even though the country earned £6 billion in the UK. The paper has also accused Amazon and Google of UK tax avoidance as we... Read Post