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View Full Version : Stiglitz Calls Apple's Profit Reporting in Ireland 'a Fraud' - Bloomberg



FraudNews
07-28-2016, 10:24 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGH6TLa4TmSpi0wTgRRlHvQMsUU7Q&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779169317145&ei=GIaaV5iSIY643gG7hJeABg&url=http://www.bloomberg.com/news/articles/2016-07-28/stiglitz-calls-apple-s-profit-reporting-in-ireland-a-fraud)


Stiglitz Calls Apple's Profit Reporting in Ireland 'a Fraud' (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGH6TLa4TmSpi0wTgRRlHvQMsUU7Q&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779169317145&ei=GIaaV5iSIY643gG7hJeABg&url=http://www.bloomberg.com/news/articles/2016-07-28/stiglitz-calls-apple-s-profit-reporting-in-ireland-a-fraud)
Bloomberg
Nobel economist Joseph Stiglitz said U.S. tax law that allows Apple Inc. to hold a large amount of cash abroad is “obviously deficient” and called the company's attribution of significant earnings to a comparatively small overseas unit a “fraud.” “Our ...

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