Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 275

Apple should pay more tax, says co-founder Wozniak

Posted by fidest press agency su sabato, 23 aprile 2016

Warwick_Business_School_Scarman_road_viewExpert comment on Steve Wozniak suggesting Apple and other companies should pay a 50% tax rate. Crawford Spence, a Professor of Accounting at Warwick Business School who is researching tax avoidance, has made the following statement: “Apple co-founder Steve Wozniak’s comments that Apple should pay more tax would have had more weight had he still been playing an active role in the company that he helped found 40 years ago.”Now, he is just another concerned citizen baffled as to why corporate behemoths like Apple manage to avoid paying tax at the same rates as many individuals, or even other companies, do.”The current executives at Apple are clearly of a different view, doing their utmost to minimise tax in anyway possible.”However, if more public criticism was showered upon them to the point where people stopped buying their products (although there is not much sign of that happening just now) then that would really start to force a rethink about whether tax minimisation strategies are really good for business or not.”

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