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According to Apple. According to a Senate Report on offshore tax havens, Apple should be paying tens of billions more in taxes due to shielding of income through Irish shell companies

If you’re keeping track at home, they’re using a Double Irish with a Dutch sandwich

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Nearly $6 billion to be precise. But according to a Senate report, Apple avoided additional tens of billions of dollars in U.S. taxes on its income by shifting the funds through a global web of offshore entities — including three that had no tax residency in any nation.

The three entities were run by some of Apple’s top executives but were located, on paper, in Ireland, though they in some cases had no employees. One reported $30 billion in net income for 2009-2012, yet filed no corporate tax return and paid no income taxes to any government during those years, according to the report.

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According to Forbes these numbers check out. Apple is #1 in taxes paid to the US Treasury, while energy giants ExxonMobil ($31 billion) and Chevron ($20 billion) are #1 and #2 in worldwide corporate taxes paid

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According to legend, Jobs and Wozniak founded Apple in Jobs' garage – Wozniak claims it was Jobs' bedroom, but either way it was in his modest Los Altos, CA home. It was only a couple of years later that they moved to Cupertino, not far from the company’s current campus, on Bandley Drive.

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According to Apple, “Like AOI, ASI is incorporated in Ireland, is not tax resident in the US, and does not meet the requirements for tax residency in Ireland. ASI is an operating company with employees who manage the procurement and supply chain for Apple products sold abroad by ADI. Accordingly, ASI files an Irish corporate tax return and pays taxes in Ireland. ASI’s investment income is taxed in the US on Apple Inc.’s tax return as Subpart F income. The fact that ASI is not tax resident in Ireland does not reduce Apple Inc.’s US tax liability”

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According to Apple, this number of employees fluctuates with seasonal demands and new product launches

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These pension funds include the Michigan Department of Treasury, the State Teachers' Retirement System of Ohio and the Kentucky Teachers’ Retirement System. The State of Wisconsin Investment Board, the Ohio Public Employees Retirement System and the Arizona State Retirement System each identifies Apple stock as its second largest holding. At a share price of $450 and annual dividend of $12.20 per share, these six funds’ combined holdings amount to more than $2.3 billion and entitle them to annual dividend payouts of approximately $62 million.

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This calculation is a reflection of federal taxes Apple paid against US pretax earnings, not a calculation of Apple’s final tax liability for FY2012

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Apple is headquartered in Cupertino, CA. A rendering of their new offices, slated to be finished in 2016

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Testimony by Apple CEO Tim Cook to the Permanent Subcommittee on Investigations on May 21, 2013 regarding Apple’s tax practices, in response to the Senate’s inquiry into multinational companies' tax practices – including a Senate report accusing Apple of saving tens of billions of dollars in taxes through offshore shell companies in Ireland

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