Why is Desperate Housewives XXX Porn ParodySilicon Valley so cruel to New Zealand? First we discover PayPal founder and Trump acolyte Peter Thiel is a secret citizen, now it's emerged Apple pays the country absolutely nothing in taxes.
Apparently the tech giant paid no income tax on local profits to Inland Revenue over the past 10 years, because its local operations are owned and run out of Australia.
According to financial documents examined by the New Zealand Herald, this was despite Apple Sales New Zealand making sales of NZ$4.2 billion ($2.96 billion) since 2007.
SEE ALSO: Apple patent suggests an iPhone VR headset in your futureMatt Nippert (the same journalist who uncovered Thiel's citizenship), found the income tax owed to New Zealand was instead sent to the Australian Tax Office.
Apple's Australian branch said the company follows the law and pays tax on everything it earns.
"Apple aims to be a force for good and we're proud of the contributions we've made in New Zealand over the past decade," a spokesperson said in a statement. "Because our products and services are created, designed and engineered in the US, that's where the vast majority of our tax is paid."
The New Zealand revelation is only the latest controversy caused by Apple's byzantine tax structures around the world.
In August, the European Commission ruled Apple should pay €13 billion ($14 billion) in retroactive taxes to Ireland. The investigation found Ireland had violated EU law by giving Apple "illegal" tax benefits unavailable to other corporations.
Apple CEO Tim Cook reacted angrily at the time, writing in a letter to customers that the European Commission was trying to "rewrite Apple's history in Europe."
"The most profound and harmful effect of this ruling will be on investment and job creation in Europe," he said. "Using the Commission's theory, every company in Ireland and across Europe is suddenly at risk of being subjected to taxes under laws that never existed."
Closer to home, Apple was brought before a Senate inquiry in Australia in 2015 after it emerged substantial local profits were being funnelled through Irish subsidiaries.
A 2014 report from Fairfax Mediafound Apple paid A$80 million ($61 million) tax on A$6 billion ($4.6 billion) worth of revenue in 2014, shifting A$8.9 billion ($6.8 billion) of untaxed revenue via Ireland.
Apple's managing director in Australia, Tony King, maintained at the time that Apple met all its Australian tax obligations.
Inland Revenue said it could not comment on the affairs of individual taxpayers.
NYT mini crossword answers for April 17, 2025NYT Connections hints and answers for April 16: Tips to solve 'Connections' #675.Best free online courses from Harvard UniversityBest streaming deal: Get the Google TV Streamer 4K at Amazon for $79The Amazon Book Sale is coming April 23 through 28TikTok is testing 'Footnotes,' its version of Community NotesToday's Hurdle hints and answers for April 16, 20254chan down, reportedly hacked as of April 15What's new to streaming this week? (April 18, 2025)7 Cups started a therapist directory. Critics called it a 'ghost network.'What are the rules for texting in the early stages of dating?Best Dyson vacuum deal: Get a refurbished V8 or V15 Detect on sale at WalmartApple iMac M3 deal: Save $500 at the Best Buy Spring SaleBest Sony deal: Sony’s WF4chan down, reportedly hacked as of April 15'Mario Kart World' Nintendo Direct: 3 takeawaysThe Amazon Book Sale is coming April 23 through 28Lovers: Get up to 60% off sex toys and moreBest streaming deal: Get the Google TV Streamer 4K at Amazon for $79NYT Strands hints, answers for April 16 EarFun Air Pro 4 deal: $25 off makes these great earbuds even better NYT mini crossword answers for March 15, 2025 Dozens of lawsuits against Trump chronicled in handy online tracker Best OLED TV deal: Save $200 on LG 48 New Zealand vs. Pakistan 2025 livestream: Watch 1st T20 for free What's new to streaming this week? (March 13, 2025) NYT Connections Sports Edition hints and answers for March 15: Tips to solve Connections #173 Best Chromebook deal: Get the Acer Chromebook Plus 515 for $319 at Best Buy Best soundbar deal: Get the Bose Smart Ultra Soundbar for its lowest price Today's Hurdle hints and answers for March 14, 2025 Shop the Beats Studio Pro headphones for under $200 at Amazon iRobot Roomba (Q0120): $129.99 at Amazon Best portable power station deal: Save $950 on the EcoFlow Delta 2 Max at Amazon Wordle today: The answer and hints for March 17, 2025 AI search tools are confidently wrong a lot of the time, study finds 'Andor' showrunner Tony Gilroy says Disney was right to censor him Stephen King uses 'Misery' comparison to roast Trump on Threads Liverpool vs. Newcastle United 2025 livestream: Watch Carabao Cup final for free Best Google Pixel Watch 3 deal: Save $60 at Amazon NYT Connections hints and answers for March 17: Tips to solve 'Connections' #645.
1.3623s , 10112.78125 kb
Copyright © 2025 Powered by 【Desperate Housewives XXX Porn Parody】,Exquisite Information Network