5 years ago
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Apple is reportedly arguing that buildings at its headquarters are worth just $200 to reduce its tax bill
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 amounted to illegal state aid. But a newly discovered tactic has reignited the debate about the company's tax contributions. The San Francisco Chronicle reported over the weekend that Apple is "aggressive in opposing tax assessors," public officials who determine the value of property for tax reasons.
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So if I offer $1000 for them they should jump at the offer, right?
Ya think?