Apple Paid only £10m Tax on £6bn UK Earnings
APPLE has become the latest technology company to be accused of avoiding paying tax on UK earnings.
The company is reported to have paid just £10m in UK corporation tax in the last financial year despite earning around £6bn during the same period.
Documents show that Apple's three main UK subsidiaries paid £10.3m in corporation tax in the year to September 25 2010.
Apple joins Amazon and Google in being accused of avoiding UK tax.
Amazon is being investigated by HM Revenue & Customs (HMRC) for possible tax avoidance.
Amazon generated sales of around £7.6bn in the UK, but paid no corporation tax on the profit from that revenue line.
Apple was unavailable for comment.