Apple posts Tim Cook’s US Senate testimony

Posted in アップル, ヒアリング, 租税回避 by shiro on 2013年5月21日


Apple Testimony to PSI | Apple

Apple does not use tax gimmicks. Apple does not move its intellectual property into offshore tax havens and use it to sell products back into the US in order to avoid US tax; it does not use revolving loans from foreign subsidiaries to fund its domestic operations; it does not hold money on a Caribbean island; and it does not have a bank account in the Cayman Islands. Apple has substantial foreign cash because it sells the majority of its products outside the US. International operations accounted for 61% of Apple’s revenue last year and two-thirds of its revenue last quarter. These foreign earnings are taxed in the jurisdiction where they are earned (“foreign, post-tax income”).

Apple posts Tim Cook’s US Senate testimony | The Loop

Apple’s Prepared Testimony Before U.S. Senate | Daring Fireball

Senate investigators: Apple sheltered $44 billion from taxes |

Meet AOI, Apple’s mysterious Irish subsidiary – updated | Fortune Tech

The seven craziest findings in the US investigation of Apple’s tax avoidance practices | Quartz

Subcommittee to Examine Offshore Profit Shifting and Tax Avoidance by Apple Inc. [Press Releases] | Carl Levin

US Senate releases comments on Apple tax avoidance | The Loop

It’s going to be messy.

Apple’s Web of Tax Shelters Saved It Billions, Panel Finds |

「アップルの海外申告漏れ所得は4.5兆円」米議会が今日CEO喚問:Senate: Apple sheltered $44 billion from taxes @politico | Long Tail World