Apple responds to tax criticism by highlighting job creation

Rebuttal comes in the wake of a report claiming the tech giant goes to great lengths to avoid paying billions of dollars in taxes. by Steven Musil April 29, 2012 12:25 PM PDT Follow @stevenmusil Apple responded today to criticism the company goes to …Find out more from CNET



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Apple, Google could join Dow index: Barron’s

(Reuters) – The Dow Jones Industrial Average stock index is due for an overhaul, and new-tech giants like Apple Inc and Google have good arguments for joining the elite 30 companies at the expense of old-industry stalwarts like Alcoa Inc, Barron’s said …Find out more from Reuters

Report: Apple strategy helps to legally cut its global tax bill by billions …

NEW YORK — A published report says Apple Inc. uses subsidiaries in Ireland, the Netherlands and other low-tax nations as part of a strategy that enables the technology giant to cut its global tax bill by billions of dollars every year.Find out more from Washington Post

Apple Uses Office Locations to Minimize Tax Burden, NYT Reports

Apple Inc. (AAPL) uses offices in states other than California, where it’s headquartered, and countries outside the US to help minimize its overall tax burden, the New York Times reported. The company has an office in Reno, Nevada, to collect and …Find out more from Bloomberg

Big Apple Picks Apple Green for Car Service in Boroughs

The Big Apple has chosen apple green as the color for so- called Boro Taxis, the livery cars that for the first time will be allowed to pick up passengers who hail them from curbs in the city’s outer boroughs and northern Manhattan.Find out more from Bloomberg

Smartphones: Is Apple or Samsung No. 1?

Smartphones sales are clearly reported by Apple. But Samsung remains very vague about how many smartphones it makes. By Peter Svensson, AP Technology Writer / April 29, 2012 People use their mobile phones in front of Samsung Electronics company’s main …Find out more from Christian Science Monitor

Apple accused of sidestepping taxes, company counters by touting job creation

By AppleInsider Staff After being questioned about its tax practices, Apple has issued a public comment to defend itself, noting that it has more than 47000 total full-time employees in the US in all 50 states. Apple issued the statement to The New …Find out more from Apple Insider

Apple’s tax strategies: ‘Double Irish With a Dutch Sandwich’

By Philip Elmer-DeWitt April 29, 2012: 6:39 AM ET The Reno office that manages Apple’s cash. Photo: David Calvert for the New York Times FORTUNEFind out more from CNN