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Apple bracing for huge tax bill

taxmanFruity cargo cult Apple is bracing for the mother of all tax bills as leaks from Brussels suggest it could ask the Fruity Cargo Cult to pay $8 billion.

The  European Commission has been investigating Apple’s tax policies, and Matt Larson of Bloomberg Intelligence said that it could demand Jobs’ Mob pay back $8 billion.  Apple of course will drag things out with a long legal battle because it insists that as the rules stand its method of not paying tax in the country where it makes its profits is perfectly legal.… Read the rest



This post first appeared on TechEye, please read the originial post: here

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Apple bracing for huge tax bill

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