The leadership of the Italian representative of Apple is forced to explain about the possible tax evasion in the country. The prosecutor’s office of Milan has already opened an investigation on the basis of suspicion that the American manufacturer of iPhone and iPad has hidden more than a billion euros of tax base from Italian tax officials.
According to the Espresso weekly, prosecutors in the country suspect the company that two of its employees provided accounting reports with underestimated tax rates to the tax authorities in 2010 and 2011. Amounts were underestimated by 206 and 853 million euros, respectively. Accordingly, the total amount with which taxes were not calculated in the Italian budget amounted to more than 1.06 billion euros.
It is believed that part of the proceeds earned in Italy could have been deposited with an Irish company controlled by Apple, using fraudulent schemes, which allowed the American giant to take advantage of a number of tax advantages. The branch allegedly booked part of its profits through the Irish branch of Apple Sales International (ASI), thus lowering his taxable income in Italy. Continue reading
The most accurate statements, overheard in the elevator of the most famous investment bank, from people who own almost all the money in the world
There is a person on Wall Street who, working at one of the largest and most reputable investment banks in the world, Goldman Sachs, maintains a twitter account where he collects quotes that are eavesdropped on the elevators of Wall Street offices. Although they are sometimes arrogant and funny, they reveal the truth of life.
So, here are the 60 most accurate statements of people who own almost all the money in the world:
1. Teach a person to fish, and he will again vote for the one who promises to give him this fish.
2. If I get fired, it will be a good test of my wife’s loyalty, but if I get promoted, then by checking me. Continue reading