NYT article about Apple's taxes was way off, based on incorrect assumptions.

[iamwhatiseem]

Then of course media everywhere also picked it up and liberals everywhere went wild about how Apple, the most successful computer corporation in America, paid less than 10% taxes. But they were way off. And the mistake should have been easily caught by any junior accountant.

Hmm...no retraction from the NYT?

This really is the most gargantuan ignorance on their part.
The $3.3 billion has nothing, nothing at all, to do with the $34.2 billion: something which any accountant at all could have told them.

To put it simply, a pressure group, the Greenlining Institute, released a report that included that calculation that led to that 9.8% tax rate. Their calculation (and as I say, all the details are in that earlier post) was based on simple ignorance of how the US corporate taxation system works. At least I assume it was ignorance, not mendacity.

Apple's 9.8% Tax Rate: Entirely Mind Gargling Nonsense - Forbes