How Apple sidesteps billions in taxes published by The New York Times. “Apple, the world’s most profitable technology company, doesn’t design iPhones here. It doesn’t run AppleCare customer service from this city. And it doesn’t manufacture MacBooks or iPads anywhere nearby. Yet, with a handful of employees in a small office here in Reno, Apple has done something central to its corporate strategy it has avoided millions of dollars in taxes in California and 20 other states. Wall Street analysts predict Apple could earn up to $45.6 billions in its current fiscal year – which would be a record for any American business.” http://nyti.ms/ICSUXd
