Tango with the Tax Man

Multinationals Find Loopholes Galore in Europe

© Federal Ministry of Finance

Large multinationals, many of them based in the United States, are masters at avoiding taxes on profits made abroad. Apple, for example, paid just $100 million in taxes in 2010 on overseas profits of $13 billion. But Germany would like to put a stop to the practice, and is finding some influential support.

Read more at the english edition of Spiegel Online.


BY SVEN BÖLL, MARKUS DETTMER, FRANK DOHMEN, CHRISTOPH PAULY, and CHRISTIAN REIERMANN