Sunday, July 14, 2013

What Apple tax controversy reveals

Times Of India Saturday 13th July, 2013

DUBLIN: Occupying a single floor of a three-storey building in a suburban Dublin office park, Western Union's offices are notably modest for the international headquarters of the world's largest money transfer firm. The set-up is typical of swathes of US companies using Ireland to cut their tax bill. A Reuters analysis of Irish and US filings shows that more than 40 per cent of the S&P 500 have registered subsidiaries in the country. That nexus, which has created over 100,000 jobs for Ireland, was laid bare when the US Senate revealed that technology giant

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Source: http://www.afghanistansun.com/index.php/sid/215807306/scat/d805653303cbbba8

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