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In the case of Apple it's not really accurate to say they paid 0%. Instead, their taxes on overseas sales were deferred until they were repatriated into the US.
by nodamage 6y ago
In the case of Apple it's not really accurate to say they paid 0%. Instead, their taxes on overseas sales were deferred until they were repatriated into the US. Upon repatriation they paid $38 billion in taxes on $252 billion of income, or a tax rate of 15%.