Apple’s Tax Strategy Aims at Low-Tax States and Nations – NYTimes.com

28 Apr

The growing digital economy presents a conundrum for lawmakers overseeing corporate taxation: although technology is now one of the nation’s largest and most valued industries, many tech companies are among the least taxed, according to government and corporate data. Over the last two years, the 71 technology companies in the Standard & Poor’s 500-stock index — including Apple, Google, Yahoo and Dell — reported paying worldwide cash taxes at a rate that, on average, was a third less than other S.& P. companies’. (Cash taxes may include payments for multiple years.)

Followed by accounts of a dozen strategies Apple, and other corporations, use to reduce their taxes.

via Apple’s Tax Strategy Aims at Low-Tax States and Nations – NYTimes.com.

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