Woz: Apple should pay half its income in tax

The tax arrangements of international technology companies have been in the spotlight for a little while now. Few people disagree with the idea that they should be paying their way when it comes to tax, and one of these people is Steve Wozniak. He thinks Apple should pay tax at a rate of 50 percent -- just like him. Just like Amazon, Facebook and Google, Apple manages to avoid a great deal of tax by channeling money through a subsidiary located in the Republic of Ireland. This reduces its tax bill dramatically by avoiding the UK corporation tax of 20… [Continue Reading]