Top 5 Things You Didn’t Know About Apple Inc.

No.3: Apple has found a way to avoid paying taxes since 2009

Apple has avoided forking over more than $74 billion in taxes by relocating most of its cash assets in offshore account since 2009. In addition, the company also organized a shareholder payout, through which it avoided paying taxes amounting to $9.2 billion. Some financial experts have even gone as far as saying that, had Apple paid its taxes in the US,  many of the recent budget cuts imposed by the Federal government could have been easily avoided.