Senate commitee questions Apple's tax bill
THE head of technology giant Apple's Australian operations has denied suggestions the company has strategies to minimise its tax bill.
But during a fiery Senate committee hearing on tax avoidance, Apple's Australia chief Tony King said he was unable to provide details of what money, if any, was shifted offshore.
He said Apple Australia paid $80 million in domestic taxes on profits, despite making $6 billion in revenue in Australia last year.
Apple, Google Australia and Microsoft Australia all admitted the tax office was auditing their tax arrangements, and all used companies in low-taxing Singapore as part of global operations.