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Congress Whacks Apple With The Tax Avoider Stick

by Team  Blogs  Read Write Web  Blogs  05.21.2013 03:23

An 18-month congressional investigation turned up evidence that Apple is a major-league tax avoider, the New York Times reports one that allegedly sheltered billions of dollars from taxation by moving the money through a web of subsidiaries, some of which had no employees and claimed to be exe

Tags Senate Permanent Subcommittee, New York Times, CEO Tim Cook
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Blogs
TECHNOLOGY

Congressional panel: Apple avoided billions in US taxes with globalworkarounds

by Team  Blogs  Boing Boing  Blogs  05.21.2013 01:23
Boing Boing

"Even as Apple became the nation"s most profitable technology company, it avoided billions in taxes in the United States and around the world through a web of subsidiaries so complex it spanned continents and surprised experts, a Congressional investigation has found.

Tags New York Times, Congressional, United States
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BUSINESS

Apple, Congress spar over taxes ahead of Tuesday hearing

by Team  Blogs  Reuters Finance  Blogs  05.21.2013 01:23

WASHINGTON/SAN FRANCISCO (Reuters) - Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a Senate report on the company's offshore tax structure said on Monday.

Tags SAN FRANCISCO, Apple Inc, Senate, Irish
Blogs

Apple accused of 'highly questionable' billion-dollar tax avoidance scheme

by Team  Blogs  Guardian  Blogs  05.21.2013 01:23
Guardian

Senators claim Apple has avoided paying billions in US tax by creating offshore entities that are not tax resident anywhere

Apple uses a "highly questionable" web of offshore entities to avoid paying billions in US income taxes, a Senate committee alleged on Monday.

Tags anywhereApple, Ireland, Senate
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TECHNOLOGY

Apple created offshore subsidiaries to avoid paying billions in US taxes, Senate panel says

by Team  Blogs  Apple Insider  Blogs  05.20.2013 23:26
Apple Insider

Just hours after Apple published the full testimony which CEO Tim Cook plans to give to the Permanent Subcommittee on Investigations in the U.S.

Tags Permanent Subcommittee, Investigations, CEO Tim Cook
Blogs 1 related
Blogs Apple details 'extraordinary amount' of taxes it pays in testimony to US Senate
Blogs
TECHNOLOGY

Video Roundup: Science Friday Desktop Diaries

by GizModo  Blogs  GizModo  Blogs  05.19.2013 17:22

I don't have a desk, because there's no room in my apartment, but if I did it would probably be covered in so much crap that I wouldn't be able to use it anyway.

Tags Daniel Kahneman, Nobel Prize
Blogs
ENTERTAINMENT

Video: This Week's Season Finale Shockers

by Team  Blogs  POP Sugar  Blogs  05.18.2013 01:21

Another season of TV is winding down, which means we're getting a lot of season finale drama coming our way.

Tags Anatomy, Season, Finale, Shockers
Blogs
ENTERTAINMENT

Ian Somerhalder & Nina Dobrev Still Talk DAILY Post Split!

by Perez Hilton  Blogs  Perez Hilton Blog  Blogs  05.17.2013 15:22
Perez Hilton Blog

So our hope for a reunion isn't that naive??
Despite any awkwardness at the upfronts, Nina Dobrev and Ian Somerhalder are still very much friends, according to a close source.

Tags Vampire Diaries, Ian Somerhalder, Nina Dobrev
Blogs
ENTERTAINMENT

The Vampire Diaries Season 4 Finale Review: Rompin' Circumstance

by Team  Blogs  TV  Blogs  05.17.2013 07:21
TV

There are packed episodes of TV, and then there are packed episodes of The Vampire Diaries. And then there are episodes like Graduation, which crammed in, like, three episodes" worth of stuff, even by this series" standards.

Tags Graduation, Vampire, Diaries, Season, Finale
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Apple TV to boost its offerings with CW app

by CBS Interactive  Blogs  CNET News  Blogs  05.17.2013 05:21

It's confirmed, the CW TV Now app is headed to Apple TV with full episodes of primetime shows like "The Carrie Diaries," "Arrow," and "The Vampire Diaries.

Tags CW TV Now, Apple TV, Arrow
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