Tax avoidance, is not tax evasion. But Apple actually PAYS the income taxes in the jurisdictions where they are earned. Apple does park those post tax earnings in its Ireland subsidiary to avoid high tax rates on interest and investments earned.
This has been covered in Apple’s testimony befoe the socialists in the US Senate last year, when Democrats accused Apple of paying no US Income taxes. However, Apple showed they actually paid 1 out of every 40 dollars of corporate income taxes paid in the US in 2012, and in fact was the highest corporate payor of income taxes in the country. Apple’s effective US tax rate was ~27%. A few Demonrat senators were hoist on their own petards with Tim Cook’s testimony and provided evidence.
This is thensame crap the pResident tried to pull when burger king was talking aboutmmoving its hq to canada.
and that 2faced warren buffit was set to finance the deal !
Tax avoidance is the patriotic duty of all good citizens !!!