On 6th September 2021, Ethical Consumer viewed Apple Inc’s family tree on the website hoovers.com.
Apple had several subsidiaries in jurisdictions considered to be tax havens by Ethical Consumer at the time of writing, including holding companies in Ireland, Nevada (US), Netherlands, Hong Kong, Singapore and Switzerland such as:
APPLE OPERATIONS INTERNATIONAL LIMITED, Ireland
APPLE SALES INTERNATIONAL LIMITED, Ireland
APPLE OPERATIONS EUROPE LIMITED, Ireland
APPLE DISTRIBUTION INTERNATIONAL LIMITED, Ireland
APPLE SALES IRELAND, Ireland
APPLE RETAIL EUROPE LIMITED, Ireland
Voysis Limited, Ireland
Apple Asia Limited, Hong Kong
Apple Holding B.V., Netherlands
Apple Benelux B.V., Netherlands
Apple Retail Netherlands B.V., Netherlands
APPLE SOUTH ASIA PTE. LTD., Singapore
Apple Switzerland AG, Switzerland
Apple Retail Switzerland GmbH, Switzerland
Holding companies were considered high risk company types for likely use of tax avoidance strategies.
The following companies were subsidiaries of Apple Inc. but were not holding companies:
Apple Operations, Ireland
APPLE (UK) LIMITED, Jersey
Braeburn Capital Inc., Nevada (US)
TAIWAN APPLE LLC, Taiwan
An internet search using the search terms “Apple tax policy statement country” found a statement from Apple dated regarding Apple's tax payments. This statement provided a degree of narrative explantation for Apple's subsidiaries in Ireland. However, Ethical Consumer found no country-by-country financial information or reporting (CBCR), nor clear public tax statement confirming that it was this company’s policy not to engage in tax avoidance activity or to use tax havens for tax avoidance purposes.
Given that Apple had more than two high risk subsidiaries in jurisdictions on Ethical Consumer's list of tax havens and no country-by-country financial information could be found, the company received Ethical Consumer's worst rating for likely use of tax avoidance strategies and lost a whole mark in this category.