BBCNEWS Business Briefing November 7, 2017
Managing most of its untaxed cash reserves offshore, on the Channel Island ofjersey. It moved the money tojersey after a tax loophole in ireland was closed. Although the company has done nothing illegal, its tax arrangements have been criticised by eu and us officials. Our Business Editor simonjack reports. A rapturous reception for the latest iphone. Its the most popular and profitable Consumer Product of all time. Its generated hundreds of billions in profits for apple since it was introduced ten years ago. What these papers show is just how determined apple has been to keep the tax bill on ...