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 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

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title
Feed Link http://www.theguardian.com/
Reply 0 comments