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Ruh Roh Sales Taxes May Make Some Mac App Store Deals Not So Great
I’ve been exploring the Mac App Store and discovered another little tidbit that might pose a problem for some frugally minded people – like me. I was looking for apps that I already owned that might...
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Mass Protests Outside Of Apple Stores Planned Next Week
This photogenic gang might be waiting for you outside your local Apple Store on June 4th. Prepare to get buckets of blood splattered all over your new white iPhone as you exit the Apple Store next...
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The Truth About Apple’s Taxes
Apple's taxes due and tax rate for 2011 don't match reported numbers Earlier in this day, we reported on a New York Times piece in which the paper claimed that Apple was using a variety of measure to...
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Phantom Tax Keeps Apple’s Financial Earnings Results From Being Much Higher...
Scads of overseas cash. That’s a technical term. We reported a few weeks ago that Apple had parked scads of cash overseas, some $74 billion in cash. Looking forward to tomorrow’s earnings report,...
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Seven Reasons Business Travelers Need An iPhone Expense App
Traveling for business? Don’t forget to pack an expense tracker app. Traveling for business is a lot different from taking a vacation. While you may get to experience far off cities, meet new people,...
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Senate Summons Apple’s Tim Cook To Testify On Storing Cash Overseas To Avoid...
Apple has fallen under plenty of scrutiny for storing a majority of its $100+ billion cash horde overseas to avoid paying U.S. corporate taxes, the highest tax rate in the world. Now Apple CEO Tim...
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Tim Cook Defends Apple’s Offshore Cash Hoard Before Senate Hearing
Tim Cook is going to Washington to testify before a Senate committee next week, but the Apple CEO is pulling a rare move for the company and going on the offensive early by giving media interviews to...
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Apple To Be Grilled By U.S. Senate On “Extensive Tax-Avoidance Strategies” At...
Apple CEO Tim Cook is scheduled to appear before the U.S. Senate Permanent Subcommittee tomorrow as part of a probe into tax evasion strategies among American corporations. Apple released its official...
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Senator John McCain: Apple Is Cheating The U.S.A. In Taxes
Senator John McCain just laid out his case against Apple in Washington D.C. in a Senate hearing about Apple’s tax rates, and he’s out for blood. According to McCain, although 95% of Apple’s research...
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Senator Rand Paul: U.S. Government Needs To “Look In The Mirror” Instead Of...
Apple executives are testifying before the U.S. Senate Subcommittee today on tax evasion practices, specifically on routing funds offshore to avoid the U.S. government’s 35% corporate tax rate. This...
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How Apple Used An Irish Ghost Company To Avoid Paying Taxes On $78 Billion
As part of expert testimony at today’s Senate Sub-Committee Hearing to Examine Offshore Profit Shifting and Tax Avoidance by Apple Inc., Professor J. Richard Harvey has made a compelling case that the...
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Apple TV Vs. Xbox One And Tim Cook Goes To Washington On Our All-New CultCast
This week on The CultCast: Apple Chief Tim Cook brings his Southern charm to Washington, hints at an iHologram; we break down the Apple tax debacle and say why their overseas billions are too legit to...
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Tim Cook: Apple Should Be The Catalyst For Tax Reform, ‘We Don’t Use Gimmicks’
Seriously, the IRS lets us do all sorts of things. In his interview today at the AllThingsD D11 conference, Apple CEO Tim Cook responded to questions from Kara Swisher and Walt Mossberg about Apple...
View ArticleIreland Considers Closing Loophole Used By Apple To Avoid Higher Taxes
Apple believes it’s the highest taxpayer in the U.S, but the company has still been subjected to intense scrutiny because the majority of its cash isn’t located stateside, but in offshore subsidiaries...
View ArticleApple dodges $59.2 billion tax bill by holding cash overseas
Apple is holding more cash overseas than any other corporation in the U.S. and it’s paying off big time by helping the company avoid an estimated $59.2 billion tax bill. Of course, Apple’s not alone in...
View ArticleWoz: Apple should be forced to pay a lot more tax
From saying that he doesn’t want to be stuck in the Apple ecosystem to advising Apple to build an Android phone, Apple co-founder Steve Wozniak has said a lot of things that probably don’t go down too...
View ArticleApple ‘abuses’ Cupertino, says new mayor
Apple is by far Cupertino’s biggest and most recognizable employer, but the city’s new mayor has accused the tech giant of not pulling its weight when it comes to taxes. Mayor Barry Chang, who’s only...
View ArticleIrish throw fruity protest against Apple tax breaks
The headquarters of the ruling government party of Ireland, Fine Gael, was the site of recent apple massacre after angry citizens flocked to the offices to protest Apple’s massive tax breaks. Members...
View ArticleMajority of Irish voters want government to oppose Apple’s giant tax bill
A new poll suggests a majority of Irish voters support the Irish government in opposing Apple’s enormous $14.52 billion tax bill for unpaid back taxes in the Republic of Ireland. 47 percent of...
View ArticleTim Cook gets ready to stare down EU over giant tax bill
So far, most of Apple’s wrangles concerning its European tax issues has been carried out by the company’s accountants and legal team. That could change in 2017, however, when none other than Tim Cook...
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