• Apple is reportedly arguing that buildings at its headquarters are worth just $200 to reduce its tax bill

    1 month ago - By Chron

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    Apple is aggressively appealing tax assessors, public officials who determine the value of property for tax reasons, according to The San Francisco Chronicle.
    The company has 489 live appeals in Santa Clara County, including one claiming that a cluster of properties around Apple Park is worth just $200.
    Apple CEO Tim Cook has always said the firm pays its taxes properly.
    Concerns over Apple's elaborate efforts to reduce its tax bill are nothing new. The company - which hit a historic $1 trillion valuation this month - was punished in 2016 for a tax deal in Ireland, which the EU said...
    Read more ...

     

  • Apple is reportedly arguing that buildings at its headquarters are worth just $200 to reduce its tax bill

    Apple is reportedly arguing that buildings at its headquarters are worth just $200 to reduce its tax bill

    1 month ago - By Business Insider

    Apple is aggressively appealing tax assessors, public officials who determine the value of property for tax reasons, according to The San Francisco Chronicle.
    The company has 489 live appeals in Santa Clara County, including one claiming that a cluster of properties around Apple Park is worth just $200.
    Apple CEO Tim Cook has always said the firm pays its taxes properly.
    Concerns over Apple's elaborate efforts to reduce its tax bill are nothing new. The company - which hit a historic $1 trillion valuation this month - was punished in 2016 for a tax deal in Ireland , which the EU said...
    Read more ...