Article 3DJEX Apple says it will pay $38bn in foreign cash taxes and create 20,000 US jobs

Apple says it will pay $38bn in foreign cash taxes and create 20,000 US jobs

by
Dominic Rushe in New York
from Technology | The Guardian on (#3DJEX)
  • Tech giant says it will repatriate some overseas cash holdings
  • Apple has faced sustained criticism for tax evasion policies

Apple said on Wednesday it would make a one-time payment of $38bn to repatriate some of its vast overseas cash holdings.

Related: Apple secretly moved parts of empire to Jersey after row over tax affairs

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