Reply to post: Like the late great Kerry Packer

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

Diogenes

Like the late great Kerry Packer

IIRC he managed to defer paying his company taxes from the 1960s until the 1990s - again IIRC the difference was 4 months income vs 4 days ...

"I don't know anybody that doesn't minimise their tax," Mr Packer growled as he stirred his delicate parliamentary china cup of tea with a teaspoon. "I'm not evading tax in any way shape or form. Of course I'm minimising my tax. If anybody in this country doesn't minimise their tax they want their head read. As a government I can tell you you're not spending it that well that we should be paying extra." (1991)

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