MacNN | Apple Australia asked to pay $28.5 million in back taxes
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Apple Australia asked to pay $28.5 million in back taxes
Friday, November 16, 2012 @ 11:46am

The Australian government is asking the local division of Apple to pay $28.5 million in back taxes, according to the Sydney Morning Herald. The change raises Apple's Australian bill for the 2011 fiscal year to $94.7 million. That, however, represents just a fraction of the $4.9 billion in revenue the company pulled in from the country.



Like a number of major corporations, Apple uses tax havens to dodge paying significant taxes in regions like Europe and the US. Some of its havens include Ireland, Luxembourg, and the state of Nevada.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Most Recent Stories:

  • Freebie Friday: Take better photographs, learn the basics of coding - 9:41 PM EST
  • Apple online stores appear to be down [U] - 6:24 PM EST
  • Best of MacNN: OmniPlan hands-on (OS X, iOS) - 6:00 PM EST
  • Hands On: Mac Backup Guru 6.0 (OS X) - 5:32 PM EST
  • WhatsApp voice calls exceed 100M per day - 4:16 PM EST
  • YouTube adds Periscope-style live video streaming to mobile apps - 4:11 PM EST
  • Best of MacNN: Back to the Mac: a fresh start after a long time apart - 2:50 PM EST

    Today's iPodNN Stories:
  • So long, and thanks for everything! - 2:31 PM EST
  • Lizard Squad member convicted over 50,700 computer crime charges - 9:58 AM EST
  • Microsoft offers grants to universities for HoloLens research - 7:25 AM EST
  • LG Display starts mass production of AIT display panels for notebooks - 7:47 AM EST
  • Briefly: EE fined £1M in UK, Unofficial YouTube app on Android Wear - 11:14 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.