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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
gammon
  • To play, gamble.
  • To impose upon; delude; trick; humbug; also, to joke; chaff.
  • A deceitful game or trick; trickery; humbug; nonsense.
The word 'gammon' in the sense of 'joke, trick' may come from 'backgammon'.
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