Tuesday 23 January 2018

Apple co-founder Wozniak says the company should be paying more tax

Apple co-founder Steve Wozniak reacts during his talk at the EBN Congress, one of Europe's largest business events which is being held in Derry, in Northern Ireland, May 30, 2013
Apple co-founder Steve Wozniak reacts during his talk at the EBN Congress, one of Europe's largest business events which is being held in Derry, in Northern Ireland, May 30, 2013

Hannah Stubbs

A co-founder of Apple has said the technology giant should pay more tax.

Steve Wozniak told the BBC he believed all companies, including the one he started with the late Steve Jobs and Ronald Wayne in 1976, should pay a 50pc tax rate as he did.

Apple has been criticised over its tax affairs and accused of using tax shelters in order to protect its revenues.

The firm has been accused of using Ireland and Luxembourg to get tax breaks, allegations being investigated by the European Commission.

Chief executive Tim Cook called the move "political crap" in a recent interview.

Mr Wozniak left Apple in 1985 and has since gone on to focus on charity projects ensuring computer access in schools.

Speaking to Radio 5 Live's Wake Up To Money, the tech entrepreneur said: "I don't like the idea that Apple might be unfair - not paying taxes the way I do as a person.

"I do a lot of work, I do a lot of travel and I pay over 50pc of anything I make in taxes and I believe that's part of life and you should do it."

When asked if Apple should pay that amount, he replied: "Every company in the world should."

Press Association

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