Apple Blasts Tax Haven Story, Claims "World's Largest Taxpayer"
By Hector Gonzales
November 7, 2017
Apple is tearing into a story that raises questions about the tech giant's use of tax havens. According to "The Guardian," Apple has moved some of its operations from Ireland to a holding company in the British island of Jersey. The paper says the move protects more than a quarter of a billion dollars from being taxed. Apple says it hasn't moved any operations or investments from Ireland, where it's operated since 1980.
Apple says it's paid more than $35 billion in corporate taxes the past 3 years, making it the largest taxpayer in the world.