Apple Tax Avoidance Plan Laid Bare in Leaked ‘Paradise Papers’ Documents

HIGHLIGHTS Apple shifted its offshore wealth from Ireland to a tax haven Apple confirmed the move in an online post The move was to ensure US tax obligations weren’t reduced Apple¬†shifted much of its offshore wealth from Ireland to a tax haven in the British Isles, according a review of leaked Paradise Papers documents Monday. Apple confirmed the move in an¬†online post, saying it served to “ensure that tax obligations and payments to the US were not reduced.” After the US technology colossus stated publicly in 2013 that it was…

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