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Stockreport

Apple reportedly revamped its overseas ops to find new tax havens [CNBC]

APPLE (AAPL)  More Company Research Source: CNBC
Last apple earnings: 5/1 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
PDF By 2015, Apple had moved the tax home of two Irish subsidiaries to Jersey, a self-governing island in the English Channel, and also made Ireland the tax home of a different European subsidiary Apple said in response that the reports contained various inaccuracies Published 1 Hour Ago The Associated Press SHARES Kevork Djansezian | Getty Apple revamped its overseas subsidiaries to take advantage of tax loopholes on the European island of Jersey after a crackdown on Ireland's loose rules began in 2013, according to The New York Times and the International Consortium of Investigative Journalists. The news outlet and the nonprofit investigative organization cited confidential records that were obtained by the German newspaper Suddeutsche Zeitung (ZOOT-doi-cheh DZEYE-tung) and shared. The cache of 13 million secret documents came from Appleby, a Bermuda-based law firm that helps businesses and wealthy indiv [Read more]

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