How multinationals like Apple avoid paying taxes

Apple Inc. pays only 1.9% tax on its profits generated outside of the United States!
Nobody likes paying taxes, but if we little people have to pay them — or at least the 49% of American adults who still pay federal income taxes — then fairness demands that the big people should also.
The video below explains how multinationals like Apple Inc. avoid paying taxes through instruments like offshore accounts, and the systemic risks of corporate tax evasion on governments and citizens alike.

H/t ZeroHedge
~Eowyn

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0 responses to “How multinationals like Apple avoid paying taxes

  1. This is like GE part two.

     

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