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| Apple Claims Their HQ Buildings Worth Only $200 to Save on Tax Bill
Tech giant Apple, doing it's best to rip the system off. Go ahead and try this if you are an average citizen and you will find out how fair the system really is! via Sputniknews: The United States' first trillion-dollar company by market capitalization, Apple, told tax collectors that buildings in and around the company's headquarters in Cupertino, California, were worth just $200 in an effort to save money on its tax bill. According to a review carried out by the San Francisco Chronicle, the California iPhone and Macbook maker said that its properties clumped around Apple Park were worth $200, even though the county assessor had put the value of the same properties at $384 million. At Apple's prices, it would be cheaper to scoop up the physical property around its headquarters than it would be to buy a laptop from the tech giant. In another instance, when Apple viewed a different property as worth $200, the assessor said the same property was valued around $1 billion, the Chronicle