Monday, April 30, 2012

Apple avoids taxes

http://www.smh.com.au/business/world-business/how-apple-avoids-paying-billions-in-tax-20120430-1xuqc.html

when your this rich you have to be crafty to become even more rich. Apple has taken up a location in Reno Nevada to avoid the high taxes in California. This is possible because Reno is so close to California that travel isn't effected much. Apple is expected to earn $43.5 billion this fiscal year, breaking the record for any business revenue. It would seem that Apple still can survive without Steve Jobs.

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