FORTUNE -- The Australian Financial Review added some local color Wednesday to the Apple (AAPL) tax haven story that was such big news in the U.S. one day last May. (The smartest take on it, for my money, was the one Jon Stewart delivered on the The Daily Show the next night.)
A lot of the detail in the documents Apple filed with the U.S. Senate Permanent Subcommittee on Investigations was redacted. But it turns out that as a registered foreign company doing business in Australia, Apple was required to file annual financial statements with the Australian government.
The Review got their hands on those statements and used them to produce a series of charts (attached above and below) that do a pretty good job showing how the company, by funneling untaxed profits from a high-tax country like Australia to its tax haven in Ireland, was able to reduce its local federal tax rate to less than 1%.
One caveat: The financial statements the Review obtained only cover the years 2000 to 2009. Its editors had to extrapolate in order to extend the data to 2013. And because the really big money started pouring in after 2009, those eye-popping numbers in the 2010-2013 charts should be taken with a grain of salt.
Below: The Review's data.
The bucolic setting belies the billions it has saved the company since Steve Jobs set it up.
FORTUNE -- "There are no multi-lane highways across the street from its redbrick and glass building," writes Fortune Vivienne Walt.
"Rather, a pair of horses munches on a rangy patch of grass, near to an empty soccer field, while a few miles away, dairy cows laze on the green fields of Blarney under a stormy MOREPhilip Elmer-DeWitt - Nov 1, 2013 4:53 PM ET
We made a pilgrimage to southern Ireland to check out Apple's mysterious global headquarters -- amid the horses and cows, here's what we found (before we were shooed away).
By Vivienne Walt
FORTUNE-- The biggest technology company on Earth has a sizable portion of its operations here on the outskirts of Cork, a provincial town in southern Ireland, up a hill past a traffic circle marked with a large statue of Jesus MORENov 1, 2013 12:05 PM ET
Remember when Tim Cook got grilled by those Senators? This is what came of it.
FORTUNE -- In June, three weeks after the media had their fun (ahem, Jon Stewart) with Tim Cook's appearance before the Senate Permanent Subcommittee on Investigations, Apple (AAPL) received a fax from the Securities Exchange Commission.
The SEC's staff had taken a close look at Apple's Form 10-K for fiscal 2012 and it had several questions. One of MOREPhilip Elmer-DeWitt - Oct 4, 2013 11:39 AM ET
It's a good thing for Apple that most people won't read the Senate subcommittee's report.
FORTUNE -- The 40-page case study on Apple's (AAPL) overseas tax strategies submitted by the Senate's Permanent Subcommittee on Investigations Monday is not an easy read.
The 10-page overview of tax principles and law in the middle -- a history of how a program to block the use of offshore tax havens begun by President Kennedy was MOREPhilip Elmer-DeWitt - May 21, 2013 7:33 AM ET
Unable to fill U.S. orders, it will make the device unavailable in 25 more countries on Friday
Last week, for reasons I'd rather not examine too closely, I spent the better part of an hour waiting outside an Apple retail outlet in center city Philadelphia only to be told, 50 minutes before the store was scheduled to open, that its promised overnight shipment of iPad 2s had not arrived.
It was an MOREPhilip Elmer-DeWitt - Mar 22, 2011 1:41 PM ET
You don't need a translator to follow Friday's 17-country launch of the iPhone 4
One of best things about the movie Babies -- a documentary look at the first year of life in four very different countries -- is that you know what the parents are saying to their children even if you don't understand a word.
It's the same these days with the overseas launches of new Apple (AAPL) products. See MOREPhilip Elmer-DeWitt - Jul 30, 2010 12:38 PM ET
Judging by press reports and YouTube videos, the grand opening of Ireland's first Apple Store was like any other -- except with an Irish accent.
The faithful queued up by the hundreds and waited for hours, fortified by coffee and biscuits. Staffers in orange, black and blue whooped and hollered up and down the line. And when the doors finally opened at 9 a.m. on the upper ground floor of Belfast's MOREPhilip Elmer-DeWitt - Sep 21, 2008 6:21 AM ET
The iPhone has been very good to O2 in the U.K.
Apple's (AAPL) British-accented partner reported yesterday that the iPhone has become its fastest selling device, helping the U.K. division of Telefonica (TEF) achieve its strongest quarter on record. Sales were up 9.5 percent in the last quarter of 2007 -- the first to show the effects of the iPhone. O2 did not provide sales figures for the iPhone alone, but MOREPhilip Elmer-DeWitt - Feb 28, 2008 11:57 AM ET
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