Streams

Apple and Offshore Tax Avoidance

Thursday, May 23, 2013

Apple and other technology giants have come under fire recently for using offshore companies to dodge U.S. tax obligations on billions of dollars earned overseas. Washington Post technology reporter Cecilia Kang and Michael Hudson, a senior editor at the International Consortium of Investigative Journalists, examine the Senate investigation into Apple and the wider use of offshore tax havens by individuals and companies.

Guests:

Michael Hudson and Cecilia Kang

Comments [5]

iPuke from Geek Hell

It's about proportion, Shawn. Jeez!

Now go say a prayer for your hero, Saint Steve.

May. 24 2013 01:42 AM
Shawn from Bergen County

Morality? Are you saying that it is somehow more moral to allow the government access to more billions of dollars, only to be wasted?

Apple does more good for this country than millions of other companies. They are efficient with their money, and they pay all their legal taxes. If you want to make a donation to our government, go ahead. If you think you owe more to this government than you are legally obligated to pay, then I've included the donation link below. But all you guys out there preaching about the "morality" of using the legal code to your advantage should put your money where your mouth is. Pay up. Pay extra if you feel that the tax code is wrong.

http://www.fms.treas.gov/faq/moretopics_gifts.html

May. 23 2013 01:55 PM
JT from LI

Why the focus on Apple? At least the could claim that they paid $6 billion in taxes last year. They should have selected GE for the publicity stunt since they pay almost nothing year after year.

May. 23 2013 01:49 PM
muriel from NYC

I am listening to this issue of tax avoidance and have heard no one broach the issue of morality. Sure it may be legal but is it ethical? If you have to create convoluted secretive companies to move and hide money then clearly it's wrong. If you have to use slippery legalese to justify your behavior then clearly it's wrong. I am sick of the "smartest guys in the room" and their heady explanations on how they play with our money. It's time to take them all down and judge a company by how it performs as an ethical, contributing member of the local, and global community. Somebody has to pay the highway taxes for Apple to move their fancy products over.

May. 23 2013 01:43 PM

just like enron, nothing new

May. 23 2013 01:39 PM

Leave a Comment

Email addresses are required but never displayed.

Get the WNYC Morning Brief in your inbox.
We'll send you our top 5 stories every day, plus breaking news and weather.