Reply to post:

Apple coughs up $350m – 2.3 days of annual profit – to make Italy's taxmen go away

Jim McDonald

Phase 1: Sell Consumer Products

Phase 2: ?????

Phase 3: Profit!

Now we know that Phase 2 is... Pay no CT for 5 years (some estimates put this at €880m) and when they catch up with you, offer €318m in full and final settlement.

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