Apple's Tax Bill

An editorial in the Washington Post this morning hits the nail on the head. Apple did not apparently break the law by diverting $30 billion in profits to Ireland where the company paid no taxes on that profit. The problem is not with Apple, but with a byzantine tax code that makes such tax avoidance schemes possible. It is time for Congress and the administration to get busy with a real overhaul of the tax code.


Looking for comments?

We've suspended comments on NCRonline.org for a while. If you missed that announcement, learn more about our decision here.

Advertisement