Apple

What Could Apple Buy With Its Offshore Cash?

The Paradise Papers have revealed that Apple has a secretive new structure that has enabled it to avoid a 2013 clampdown on its tax practices in Ireland. After widespread criticism of its tax affairs, the company has moved the firm holding the majority of its untaxed offshore cash to Jersey in the Channel Islands, allowing it to keep an ultra-low tax rate. Apple has defended its move, saying that its new structure has not lowered its taxes and that it remains the world's largest taxpayer, paying approximately $35 billion of corporation tax over the past three years.

The firm Apple moved to Jersey holds $252 billion in offshore cash. That's a lot of dough. So much in fact that it's hard to imagine what Apple could actually buy with it. The following infographic attempts to put the sum into perspective by showing a selection of different things the company could possibly purchase with all ifs offshore cash. $252 billion would be enough to buy Neymar 1,272 times or 577 Airbus A380s.

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This chart shows what Apple could buy with its offshore cash.

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Ranking of the top 30 companies from the Fortune 500 using offshore tax havens to avoid United States taxed based on financial results in 2014, by avoidance method (millions U.S. dollars)
Money held offshore by the largest public U.S. companies between 2008 to 2014 (in million U.S. dollars)
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Apple's cash usage in investing activities from financial year 2015 to 2025 (in billion U.S. dollars)
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Net cash of Apple from 2021 to 2025 (in billion U.S. dollars)
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Total assets of Apple from 2004 to 2025 (in billion U.S. dollars)
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Total assets of Apple Isports Group from 2021 to 2025 (in thousand U.S. dollars)

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