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Business News Archive - November 05, 2012

Apple International Taxes Were Just 2 Percent

Despite being the most valuable company in the world, Apple paid an income tax rate of less than 2% on international earnings over the latest fiscal year, various media outlets reported on Sunday.

Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.