November 16, 2012
Days after executives from Google, Amazon, and others were grilled by regulators in the United Kingdom over the issue of tax avoidance in Europe, The Sydney Morning Herald reported today that Apple’s Australian arm has been hit with a $28.5 million bill for back taxes in the country:
APPLE AUSTRALIA has been hit with a $28.5 million bill for back taxes, statements lodged with the corporate regulator in April show… News of the Tax Office bill comes as European governments put global technology companies under intense pressure over their complex ownership structures that rely heavily on a network of tax havens… Apple’s Australian arm reaped $4.9 billion in revenue last year through the sale of its computers, iPads and iPhones. The bill takes its total tax tab for the year ending September 24, 2011, to $94.7 million.
Earlier this year, The New York Times profiled how Apple uses tax havens, such as Nevada, Ireland, and Luxembourg, to sidestep taxes in both the United States and Europe. The U.K. isn’t the only country putting pressure on technology multinationals over tax avoidance schemes, SMH also noted the French government requested $252 million USD in back taxes from Amazon, a company that also uses Luxembourg as a tax haven for its Europe operations, earlier this week. expand full story
November 15, 2012
Sprint just announced that it would begin selling the iPad Mini in some of its physical stores starting later today. That likely indicates other carriers and Apple stores will begin stocking their shelves with the LTE iPad Mini. We heard earlier that Apple Stores had received shipments of the 4G iPad Mini and AT&T would begin stocking shelves today. We also know that Best Buys have been receiving stock and will likely begin selling today, too.
Folks who ordered LTE iPad Mini’s began taking delivery of them yesterday, and Apple usually likes to sync up the retail and mail order dates as close as it can.
Sprint’s press release follows.