The group paid just under $120 million in total income tax for the period to 26 September 2020.
The Australian arm of Apple has reported that profit, revenue, and income tax remained steady during the financial year to 26 September 2020. The company reported after-tax profit came in at AU$288 million, slightly above the AU$287 million recorded in the previous financial year. Meanwhile, revenue reached AU$9.79 billion following last year’s AU$9.39 billion. This was mostly earned through the sales of mobile communication devices, and personal computers that contributed a whopping AU$8.37 billion to the revenue total, leaving services contributing AU$1.42 billion. The group paid just under AU$120 million in total income tax for the full year. See also: How to protect your business from tax fraud (TechRepublic) Apple had a current tax income expense of just a little over AU$126 million, deferred tax of nearly AU$6.
