Tax Evasion

a Australian investigation into technology company Apple has revealed details on just exactly how many billions of dollars the global giant has shifted in profits around the planet to minimize its tax.

The Australian Financial Review’s analysis shows that while Australians have bought million to the Australian Tax Office -just 7 per cent of its turnover.

The newspaper estimates that around billion, said Antony Ting, a senior lecturer in taxation law at Sydney University.

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