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This tiny island helps Apple avoid billions in taxes

A giant amount of Apple’s profits answer to the tax laws of no nation. Jersey is an island floating in the English Channel, a bit closer to France than the United Kingdom, and, according to information obtained by the German media outlet Süddeutsche Zeitung, distributed by the International Consortium of Investigative Journalists, and published by The New York Times, it is the tax home to subsidiaries of Apple that help the giant corporation avoid paying…

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Source – Mashable:
This tiny island helps Apple avoid billions in taxes

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