How Apple Inc. Legally Evades Paying Billions In Taxes

Image attribution: Nk; CC BY-SA 2.5

The statutory federal corporate tax rate in the U.S. is 35 percent, but Apple Inc. does not pay anywhere close to this amount, and it is legal. This is largely due to profits earned overseas that have not been repatriated to the U.S., but also because of tax strategies such as issuing stock options, accelerated depreciation of capital investments and avoiding state income tax via business subsidiaries.

Complete article link: http://www.helium.com/items/2320614-how-apple-inc-avoids-taxes