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Australian government hits out at Apple tax bill

The Australian government has hit out at technology giant Apple, after its local results revealed it slashed its tax bill to $40 million, despite boosting revenue to $6 billion.

David Ramli | Paul Smith
Updated

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The Australian government has hit out at technology giant Apple, after its local results revealed it slashed its tax bill to $40 million, despite boosting revenue to $6 billion.

The figures covering Apple’s local results during financial year 2012 were submitted to the Australian Securities and Investment Commission late last week.

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David Ramli writes on Telecommunications specialising in NBN, Web, Politics. Based in our Sydney newsroom, David is an award winning journalist with over 5 years experience. Connect with David on Twitter.
Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/news/politics/national/australian-government-hits-out-at-apple-tax-bill-20130128-jibuj