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How Apple Avoids Taxes

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 (Justin Sullivan/Getty Images)

Cupertino-based Apple has sidestepped millions of dollars in taxes to California and other states and reduced its worldwide tax bill by billions, according to a recent New York Times investigation. We discuss the company’s use of offshore tax havens and other legal tax-minimizing strategies. How widespread are Apple’s tax practices?

Guests:

Edward Kleinbard, professor of law at the University of Southern California's Gould School of Law and former chief of staff of the U.S. Congress's Joint Committee on Taxation

Charles Duhigg, reporter for The New York Times and author of the article "How Apple Sidesteps Billions in Taxes"

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