APPLE STATEMENT
November 6, 2017
- The changes Apple made to its corporate structure in 2015 were specially designed to preserve its tax payments to the United States, not to reduce its taxes anywhere else. No operations or investments were moved from Ireland.
- Far from being “untouched by the United States,” Apple pays billions of dollars in taxes to the US at the statutory 35 percent rate on investment income from its overseas cash.
- Apple’s effective tax rate on foreign earnings is 21 percent — a figure easily calculated from public filings. This rate has been consistent for many years.
More Information About Apple’s Tax Payments
Read Fortune’s independent explanation of Apple’s tax payments and how they illustrate the complexity of the international tax system.
Images of Apple’s facility in Cork, Ireland