Tag : apple $ 80 billion tax holiday dodge

US Uncut Plans Protest Against Apple Across America on June 4th Over Tax

US Uncut, a grassroots effort demanding corporate tax cheats to fairly pay their share. This group are staging protest across America on June 4 against Apple. They are seeking the corporation to withdraw its support of the Win America Campaign (WAC), an effort aimed at repatriating $1 trillion in foreign accounts back to America at just a 5% tax rate.

According to US Uncut site:
Apple is leading the charge for an $ 80 billion “tax holiday” dodge.
Apple plays huge games with their taxes. By disguising profits in the US as foreign earnings in low tax countries, Apple dodges billions of dollars of taxes they should be paying.

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