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Apple's rotten tax core exposed

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Tue, Nov 7, 2017 04:06 AM

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STORY OF THE DAY By OPEN SECRETS This is the 15th article in the series, "Declassified: Apartheid Pr

[Daily Maverick] FIRST THING with JOHN STUPART Tuesday, 7 November 2017 “Speaking personally, you can have my gun, but you'll take my book when you pry my cold, dead fingers off of the binding.” Stephen King [Elections aftermath: Why did the ANC ignore its own research?]( STORY OF THE DAY [Declassified: Apartheid Profits Singapore – Pretoria’s gateway to Asia]( By OPEN SECRETS This is the 15th article in the series, "Declassified: Apartheid Profits". While researching the recently published book Apartheid Guns and Money: A Tale of Profit, Open Secrets collected approximately 40,000 archival documents from 25 archives in seven countries. This treasure trove contains damning details of the individuals and corporations that propped up apartheid and profited in return. Many of these documents were kept secret until now. Most remain hidden despite South Africa’s transition to democracy. OPEN SECRETS believes that it is vital to allow the public to scrutinise the primary evidence. This week we unpack the diplomatic and military intelligence links between the apartheid regime and Singapore. [Apple's tax pigeon hole uncovered]( Apple was already notorious for dodging taxes, but the Paradise Papers have uncovered the company's post-Ireland movements. The majority of Apple's untaxed cash was moved to a tax haven in Jersey, Channel Islands. Facing stiff fines for its tax-related shenanigans in Ireland, the Paradise Papers' revelation can only pour gasoline on the financial fire for Apple. [Family dispute suspected motive for Texas shooter]( An argument with his mother-in-law may be the motive behind 26-year-old Devin Kelley's shooting spree at a Texas Baptist church. Investigators believe Kelley sent threatening messages to his mother-in-law, who attended the church but was not present at the shooting. Kelley had been dishonourably discharged from the Air Force for assaulting his wife and stepson. [Bono linked to tax avoidance scheme]( The Paradise Papers have revealed that the U2 frontman and vocal human rights advocate Bono was involved in a Lithuanian tax scheme. Bono invested in a Lithuanian shopping centre that may well have broken tax rules. Bono reacted to the news, claiming to be "distressed". In Bono's defence, it is highly unlikely he was even aware of the $54,500 saved in taxes with his Lithuanian mall scheme. [Group-B strep behind 147,000 infant deaths annually]( Researchers have revealed that a bacterial infection found in one in five pregnant women worldwide results in an estimated 147,000 stillbirths and deaths annually. Group B Streptococcus (GBS) currently has no vaccine and exists mostly harmlessly in the intestines of a third of all adults. The study by London School of Hygiene and Tropical Medicine showed that African pregnant women experienced 54% of GBS infections and 65% of associated deaths. — PICTURE OF THE DAY BY EPA-EFE/WU HONG Chinese people wear masks during an air pollution day in Beijing, China, 6 November 2017. Beijing issued an orange alert on air pollution from 4-8 November. IN NUMBERS 8 The number of bees required, taking their entire lives, to make a single teaspoon of honey. FACTS OF THE DAY Today in 1991 Magic Johnson announces he is infected with HIV. He immediately retires from the NBA. Baby hippos use the spines of crocodiles as chew toys. Because hippos clearly needed to be more terrifying. FEATURED ARTICLES [Zimbabwe: Mugabe dismisses his Vice President, Emmerson Mnangagwa]( [Zimbabwe: Mugabe dismisses his Vice President, Emmerson Mnangagwa]( BY Sally Nyakanyanga [Analysis: In Danny Jordaan case, government should walk the talk on sexual offences]( [Analysis: In Danny Jordaan case, government should walk the talk on sexual offences]( BY Rebecca Davis [Analysis: Ramaphosa’s open slate plus Naledi Pandor manoeuvre]( [Analysis: Ramaphosa’s open slate plus Naledi Pandor manoeuvre]( BY Stephen Grootes [ANC Election Race: Women’s League defends NDZ as Ramaphosa ramps up campaign]( [ANC Election Race: Women’s League defends NDZ as Ramaphosa ramps up campaign]( BY Greg Nicolson [Op-Ed: A just transition from climate change and unemployment – a trade union perspective]( [Op-Ed: A just transition from climate change and unemployment – a trade union perspective]( BY Joseph Mathunjwa [Alarm at seabed destruction from SA phosphate mining]( [Alarm at seabed destruction from SA phosphate mining]( BY Don Pinnock [AmaBookaBooka: Jennifer, Queen of the Free State (Podcast)]( [AmaBookaBooka: Jennifer, Queen of the Free State (Podcast)]( BY Amabookabooka [#RWC2023: Squabble, squabble, toil and trouble – tensions rise from other bidders]( [#RWC2023: Squabble, squabble, toil and trouble – tensions rise from other bidders]( BY Antoinette Muller [Op-Ed: COP23 – ‘Technical COP’ to finalise Paris Agreement despite US withdrawal]( [Op-Ed: COP23 – ‘Technical COP’ to finalise Paris Agreement despite US withdrawal]( BY Romy Chevallier OPINIONISTAS [The Russian Revolution: The birth of a deadly, doomed dream]( [The Russian Revolution: The birth of a deadly, doomed dream]( A column by Ivo Vegter [Police fail to stop Glebelands deadly collections]( [Police fail to stop Glebelands deadly collections]( A column by Vanessa Burger — Weather BFN: min: 12° max 34°, sunny CPT: min: 13° max: 18°, cloudy DBN: min: 14° max: 21°, sunny EL: min: 14° max: 23°, sunny JHB: min: 16° max: 31°, sunny KIM: min: 14° max: 36°, sunny NLP: min: 16° max: 33°, sunny MHK: min: 18° max: 35°, cloudy PMB: min: 13° max: 21°, rainy PE: min: 13° max: 24°, cloudy PTA: min: 18° max: 33°, cloudy Financial Data Oil=$64.18 Gold=$1,279.71 Platinum=$931.18 R/$=14.10 R/€=16.37 R/£=18.58 $/€=0.86 JSE All Share=59,975.67 DJIA=23,548.42 FTSE 100=7,562.28 [FORWARD THIS EMAIL TO A FRIEND]( Copyright © 2017 Daily Maverick, All rights reserved. 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