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According to this article, http://www.nytimes.com/2012/04/29/business/apples-tax-strategy-aims-at-low-tax-states-and-nations.html?pagewanted=all http://www.nyti
by MattRogish 14y ago
According to this article, http://www.nytimes.com/2012/04/29/business/apples-tax-strategy-aims-at-low-tax-states-and-nations.html?pagewanted=all http://www.nytimes.com/2012/04/29/business/apples-tax-strate... :
"In 1996, 1999 and 2000, for instance, the California Legislature increased the state’s research and development tax credit, permitting hundreds of companies, including Apple, to avoid billions in state taxes, according to legislative analysts. Apple has reported tax savings of $412 million from research and development credits of all sorts since 1996."
$412M on the hundreds of billions Apple has earned since 1996 are pennies. That doesn't seem that much... Are there more?