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https://alertlogic-hb4e.hbsp.harvard.edu/api/courses/453898/items/UV7251-PDF-ENG/sclinks/317bdfc31125b75d7b8c9a1af172b26a Questions related to Apples income statement: If Apple paid income taxes in the US at the statutory corporate income tax rate, how much would
https://alertlogic-hb4e.hbsp.harvard.edu/api/courses/453898/items/UV7251-PDF-ENG/sclinks/317bdfc31125b75d7b8c9a1af172b26a
Questions related to Apples income statement:
If Apple paid income taxes in the US at the statutory corporate income tax rate, how much would Apple owe in U.S. income taxes in 2015? How much did Apple pay to the U.S. government in income taxes during 2015? Why are these amounts different? Hint: refer back to the module where we discussed international taxation during this course.
Does Apple have any uncertain tax positions? What do they imply, and what effect do these uncertain tax positions have on current income tax expense? Does the accounting for uncertain income tax positions differ between the US GAAP and IFRS? Be specific.
What amount of current income tax expense did Apple record in 2015? How much cash did Apple pay in taxes in 2015? Why are these amounts different?
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