Why a $38 Billion Tax Payment Is a Good Deal for Apple
Why a $38 Billion Tax Payment Is a Good Deal for Apple
Business, Spoken · SpokenLayer
January 18, 20184m 12s
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Show Notes
Apple has faced mounting criticism in recent years for avoiding taxes in the US and Europe. Wednesday, it offered critics 38 billion replies. More precisely, Apple said it would pay an estimated $38 billion in tax to bring back to the US some of the cash it has stashed overseas over the years. Apple says the payment would be the largest tax payment of its type in history. But it’s also a pretty good deal for the company.
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