GO
Loading...

How Apple Sidesteps Billions in Taxes

Monday, 30 Apr 2012 | 10:33 AM ET

Apple is on track to bank $45.6 billion in profits this fiscal year, the most of any U.S. company ever. However, in a Sunday cover story, the New York Times takes a closer look at how Apple uses legal loopholes and operates in various tax-free and low-tax locations to avoid paying billions in taxes each year. David Kocieniewski, New York Times Pulitzer-winning journalist, offers more insight on his reporting.