To: Tim Cook, Apple CEO
Don't let Apple dodge billions of dollars in taxes!
Apple: Stop hiding billions of dollars in offshore subsidiaries and start paying your fair share of taxes now!
Why is this important?
Apple is the country's most profitable technology company--yet it's hiding billions of dollars in offshore companies to avoid paying taxes. We've seen tax dodging before, but as one economist described it, Apple's complex scheme shows "unbelievable chutzpah."
Apple wasn't satisfied with putting money in offshore tax havens with low rates--it created foreign subsidiaries that have no employees and are exempt from paying any taxes anywhere in the world. Between 2009 and 2012, one of Apple's foreign subsidiaries, which has not filed any tax return, had an income of $30 billion.
Everyday people pay our taxes to fund things like good schools and safe communities--huge companies like Apple need to pay their fair share too. Sign our petition today.
Apple wasn't satisfied with putting money in offshore tax havens with low rates--it created foreign subsidiaries that have no employees and are exempt from paying any taxes anywhere in the world. Between 2009 and 2012, one of Apple's foreign subsidiaries, which has not filed any tax return, had an income of $30 billion.
Everyday people pay our taxes to fund things like good schools and safe communities--huge companies like Apple need to pay their fair share too. Sign our petition today.