Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.
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Revenue, under its own rules, did not have jurisdiction to tax the bulk of Apple’s offshore profits
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.
Under the proposal, the Government plans to clear up rules on foreign businesses which have argued that they do not have a fixed base in Việt Nam.
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A re-working of US tax law could eventually lead to a major drop in Ireland’s corporate tax take.
Warri North, Delta State — The Egbema offshore communities in Warri North Local Government Area have issued a seven-day ultimatum to Chevron...