How Ireland Got Apple's $9 Billion Australian Profit

elphie007 writes "An investigation by The Australian Financial Review has discovered how from 2002 to 2013, Apple has shifted approximately $AU8.9 billion of revenue generated in Australia to Ireland, via Singapore. The article states that last year alone, Apple Australia paid only $AU88.5 million in tax, or 0.044% of estimated potential tax liabilities. What's more, the Australian Tax Office has agreed that this arrangement is acceptable under Australian law."

Comments

Re:Ireland got it ?

[Anonymous Coward]

Apple are scum.

You should be ashamed if you buy their products.

You should be VERY ashamed if you work for them.