For example, Apple Sales paid $10 million in taxes on $22 billion in earnings in 2011, resulting ina tax rate of 0.05%, the report said.
Apple told subcommittee investigators that Apple Sales, along with Apple Operations International and Apple Operations Europe, all based in Ireland, are not responsible for paying taxes there because they are not managed or controlled in that country, a requirement under Irish law.
And they are not required to pay taxes in the U.S. because they aren’t physically located here.
In its prepared testimony, Apple said that it began operations in Ireland in 1980 and that its subsidiaries there, including a fourth one, Apple Distribution International, “employ nearly 4,000 people and pay taxes there as required by Ireland.”
[For the record, 3:15 p.m., May 2: A previous version of this post and headline said Apple Inc. avoided paying at least $44 billion in U.S. taxes over the past four years. The company avoided paying billions of dollars in taxes on $44 billion in offshore income.]
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