Senate investigators say Apple have wired a complex system to avoid paying billions of dollars from international profits from both the IRS and foreign tax collectors. We say: If this is true – bring the cost of your products down, pay your bills, and redeem yourself with a great I pad giveaway!
According to Politico. com. A report which was released ahead of Apple CEO Tim Cook’s inaugural Capitol Hill appearance yesterday alleges the tech giant took advantage of numerous U.S. tax loopholes and avoided U.S. taxes on $44 billion in offshore, taxable income between 2009 and 2012 — a characterization Tim Cook and Apple flatly rejects. Tim Cook told the Senate, Apple are in compliance with their taxes.
If the allegations regarding the tax loophole are true then Apple needs to give back, especially to New York where it’s flagship Fifth Avenue Store has customers spending millions every week. We suggest maybe a great I phone and I pad giveaway day. What do you think New York?