Answered: Why does Apple Operations International…

Why does Apple Operations International (AOI)— the Irish subsidiary that captures most of Apple’s global profits outside the Americas— not pay taxes to Ireland or the United States?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Why does Apple Operations International (AOI)— the Irish subsidiary that captures most of Apple’s global profits outside the Americas— not pay taxes to Ireland or the United States?

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