Apple secretly moved parts of empire to Jersey after row over tax affairs

Rearrangement allowed tech firm to keep paying ultra-low tax rate when Ireland tightened rules, Paradise Papers reveal

Apple reacted to widespread criticism of its tax affairs by secretly shifting key parts of its empire to Jersey as part of a complex rearrangement that has allowed it to keep an ultra-low tax rate, according to an analysis of Paradise Papers documents.

The move affected two of its most important subsidiaries, one of which is thought to hold the key to a company cash pile worth more than $250bn (£190bn).

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