Apple Can Teach Businesses How to Avoid Taxes — to the Tune of $70 Billion!

Apple Can Teach Businesses How to Avoid Taxes — to the Tune of $70 Billion!

Using simple off-shore tactics, Apple avoided over $70-billion of dollars in US taxes!

This first vid is over a year old, but interesting nonetheless. It’ll give you an introduction as to where this multi-billion dollar US tax avoidance scandal started.

Now that you’ve been given an introduction into the matter, check out what’s been going on recently:

http://www.cnet.com/news/apple-faces-billions-in-fines-in-tax-avoidance-probe/

http://www.bloomberg.com/news/2014-09-30/crackdown-on-apple-in-ireland-opens-front-on-tax-avoidance-war.html

I don’t know whether to feel sorry for Ireland, or not. Seems like some serious jobs may be on the line if Apple loses that, and other overseas tax sanctuaries.

I’ll keep an eye on breaking developments and keep readers updates if anything major changes.

What do you think — was Apple merely working within the confines of the laws all corporate businesses can legally follow, or did their team of lawyers and financial advisers just find a way to bury their shady tactics for over 20 years?

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