To Understand the Benefits of Tax Reform, Start by Understanding Apple's Taxes

Fortune, 2017: "Tax reform: America's biggest foreign earner could pay more under GOP plans.

based on Apple’s financials for FY 2016 (ended in September), here’s a six-part guide to taxation for multinationals. It’s important to emphasize that Apple actually pays a lot of tax compared to other U.S.-based corporations with immense foreign earnings, and takes a highly conservative approach to tax accounting.

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