FOR IMMEDIATE RELEASE:
MEDIA PRESSER TOMORROW, THURSDAY, JUNE 13, 12:30 PM PT
WASHINGTON, D.C. – Alliance of Californians for Community Empowerment Action (ACCE), a multi-racial, democratic, non-profit community organization building power in low to moderate income neighborhoods to stand and fight for social, economic, and racial justice, in conjunction with Americans for Tax Fairness, a national coalition representing more than 280 groups pressing for a tax system that requires the wealthy and big corporations to pay their fair share of taxes, will hold a national media event TOMORROW, Thursday, June 13, 2013, at 12:30 p.m. PT at the 2013 Apple Worldwide Developers Conference in San Francisco, CA.
The use of offshore tax havens and other accounting gimmicks to avoid paying U.S. taxes has become standard and legal by a number of global American companies, including Apple, which recently faced a bipartisan investigation by the U.S. Senate Permanent Subcommittee on Investigations. The Subcommittee found Apple made profits of $74 billion from 2009-2012 on worldwide sales (excluding the Americas) and paid virtually nothing in taxes to any country. The sales were attributed to Irish subsidiaries, where the companies paid a tax rate of less than 1%.
“While Apple is an American success story, it is also a serial and serious tax dodger,” said Frank Clemente, campaign manager, Americans for Tax Fairness. “It is estimated that Apple has been avoiding up to $10 billion a year in federal income taxes — money desperately needed to improve our schools, research new medical cures, rebuild our roads and bridges, and help struggling state governments like California’s make ends meet. It’s time Apple and other major corporations started paying their fair share of taxes.”WHO: Jobs with Justice, ACCE Action, United Educators San Francisco, Americans for Tax FairnessWHEN: Thursday, June 13, 2013, 12:30 p.m. PT
WHERE: Moscone West – On Howard Street Between 3rd and 4th Streets, San Francisco, CA
TWITTER: #TaxDodger – @4TaxFairness – @CalOrganize