Apple: you seek them here, you seek them there

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Some time ago I defined the ultimate aim of the offshore operator as being "nowhere".

It seems Apple are aiming for that:

APPLE is attempting to find the "Holy Grail of tax avoidance", according to a US Senate committee as it prepares to take testimony from the technology company's chief executive on its offshore tax affairs.

According to the Senate three of their subsidiaries are "nowhere".

This is the ultimate in abuse, if true.


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