Taxes Articles on TUAW - The Unofficial Apple Weblog

Apple releases Senate testimony as panel announces it avoided billions in taxes

by Megan Lavey-Heaton (May 20th, 2013)

A congressional panel has found that Apple avoided billions in taxes, the New York Times reports, thanks to an intricate network of subsidiaries throughout the globe. The structure of some of these sub-companies in certain countries made them exempt from paying or filing taxes or record-keeping ...

Tim Cook talks Apple's tax situation ahead of next week's Senate hearing

by Yoni Heisler (May 16th, 2013)

Earlier this week we reported that Apple CEO Tim Cook is slated to testify at an upcoming Senate hearing focusing on the offshore tax practices of American corporations. As it stands now, Apple currently has over US$100 billion holed up overseas that it's hesitant to repatriate due to ...

Tim Cook to testify at Senate hearing on offshore tax practices

by Michael Grothaus (May 15th, 2013)

Political is reporting that Tim Cook is set to testify at a Senate hearing next week that is investigating the offshore tax practices of American corporations: Apple CEO Tim Cook is expected to testify at the Senate Permanent Subcommittee on Investigation's hearing Tuesday, POLITICO has ...

France mulls 'culture tax' on devices like the iPhone

by Yoni Heisler (May 13th, 2013)

Reuters reports that France, in an effort to generate money to help fund cultural initiatives, is considering implementing a special tax on smartphones and tablets. The proposal falls under France's "cultural exception" policy, enacted to ensure that the arts in France can continue to thrive in the ...

Daily Update for April 3, 2013

by Steven Sande (Apr 3rd, 2013)

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player ...

Apple defends its tax practices in the New York Times

by Kelly Hodgkins (Apr 30th, 2012)

A recent New York Times article slams Apple for avoiding billions in state and federal taxes using common corporate loopholes. Apple didn't take kindly to this report and has issued a four-paragraph response defending its practices. The Cupertino company says it pays "an enormous amount of ...

Talkcast tonight: Profits, taxes and WWDC at 10 pm ET / 7 pm PT

by Kelly Guimont (Apr 29th, 2012)

Another quarter, another blowout. While analysts and pundits imagined that domestic iPhone sales would signal an end to the gravy train, international demand pushed the handset past the 35 million mark and shot AAPL back above the $600 line. Even with the iPad refresh hitting at the end of the ...

Apple makes a tax deal for Prineville, Oregon data center land

by Mike Schramm (Apr 23rd, 2012)

We've heard before that Apple plans to build a data center on land it previously purchased in Oregon, but now the Associated Press reports on part of the cost. The company has reportedly agreed to pay US$150,000 per year to local governments, and has signed off on at least 35 jobs. Those jobs ...

Is Apple avoiding taxes in the UK?

by Megan Lavey-Heaton (Apr 11th, 2012)

The Daily Mail is reporting that Apple only paid £10 million in UK corporation tax for the last fiscal year, even though the country earned £6 billion in the UK. The paper has also accused Amazon and Google of UK tax avoidance as well. The report also discusses Apple's operations in ...

Five apps to help you file your taxes (updated)

by Megan Lavey-Heaton (Apr 3rd, 2012)

With only a few weeks before taxes are due -- the federal deadline is on April 17, and many states have followed suit -- plenty of Americans are scrambling to file before the clock ticks away. We've gone and found five apps that will help you make Tax Day, and waiting for that refund, a bit ...

Brazil gives tax exemption to Foxconn, iPad production may follow

by Chris Rawson (Jan 26th, 2012)

Not very long after Tim Cook said that Apple sees a "huge opportunity" in Brazil, it turns out the company's CEO may have had more than sales on his mind. Brazil has granted iPad assembler Foxconn special exemptions from Brazilian excise and other taxes, clearing the way for iPad production to ...

5 iOS apps for Tax Day

by Megan Lavey-Heaton (Apr 11th, 2011)

With roughly a week to go before taxes are due -- the federal deadline is on April 18, and many states have followed suit -- plenty of Americans are scrambling to file before the clock ticks away. We've gone and found five apps that will help you make Tax Day, and waiting for that refund, a bit ...

TurboTax for iPad just in time for tax season

by Mike Schramm (Mar 9th, 2011)

You may not have thought that doing taxes on your iPad was an option, but turns out it is. TurboTax has released what seems to be a full version of its tax software for the iPad, available on the App Store right now (the app is actually called 2010, but that's because it's for your 2010 taxes, ...

Apple, others lobby for tax holiday

by Steven Sande (Feb 17th, 2011)

Fortune is reporting that Apple is one of many major multinational corporations that are banding together to lobby the US government for a one-year "tax holiday" on foreign cash that is repatriated back to the country. At the present time, repatriated cash is taxed at a 35 percent rate. The ...

TUAW Poll: What Apple product are you going to buy with your tax refund?

by Steven Sande (Apr 15th, 2010)

Happy Tax Day! It's April 15th, and in America, that means that the air is filled with the sound of screaming taxpayers who waited until the last moment to file their returns. For those who may have filed early and might have even received a tax refund check, we offer this distraction to cover ...