Friday 16 November 2012

Apple hit with $29 million Aussie tax bill

iDownload Blog writes, Not even Apple can avoid taxes ? although it tries. According to a Friday report, the Cupertino, California company owes the Australian Tax Office a nice 28.5 million Australian dollars in back taxes, or approximately $29 million in US currency.?Apple?s tax bill for the entire fiscal year 2012, which ended September 24, sits at $94.7 million on $4.9 billion in revenue in local currency. Earlier this week, the French government demanded Amazon pay $252 million in back taxes. The government charged the online retail giant operated a network of smaller units, including a...

Continue reading Apple hit with $29 million Aussie tax bill at iDownload Blog

Source: http://machash.com/idownload-blog/42428/apple-hit-with-29-million-aussie-tax-bill/

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