Visual Daily: The One Graphic that Explains Apple's Tax Blarney

How Exactly Does Apple Avoid Taxes?

[Announcing: OSX Mountain Blarney - Source Code Algorithm]

1. Create Fake Company - Apple Operations International (AOS) - in Ireland where corporate taxes <2 b="" nbsp="">and "sell" U.S. Apple's Intellectual Property to AOS. 

2. AOS charges Apple US massive licensing fees for most Apple products sold.

3. Manage "Irish" AOS Company out of Nevada as Braeburn (Apple) Management (seriously!)

4. [Money actually stored in NY branch of Irish bank.]

5. Circulate overseas sales revenue to another fake Irish company - Apple Sales International (ASI)

6. Pay no taxes on $74 billion

Note: Also explains the disappearance of rainbow from original Apple logo.

Coming next: Global Tax Avoidance Strategy for Today's Knowledge Worker 

Job Generation - Report from 1st Live Event

Job Generation went live last week and it resulted in this amazing report on NY!

Thanks to all of you who followed this new event, Job Generation. There will be more and in many cities because the need is so all-encompassing: 8.4 million jobs lost, 2.1 million gone forever.
 
Our experience with the first live event is that executives realize the need to reinvent themselves. This is an ideal forum to make a case for their expertise in public where they can display how they think on their feet.
 
Start-Ups are less certain. As we discovered, many Start-Ups are leery about reaching out to veteran execs. Part of being a Start-Up is doing your own thing - until you need to raise money or just grow the business. That's where the savvy set kicks in.
 
In return for getting great advice and chance to acquire talent, the Start-Ups get to tell their story to the business community which increases their chances of raising capital and building their businesses. The sooner we get the message out the quicker we generate opportunity.
 
Investors, were also an interesting case study. The objective of JG is to find the exec and start -Up combination that offers the best increase in value. Of the executives they picked for working together, the VCs tended to go with the most thoughtful and analytical while being averse to the more outgoing and sales-y. Are the VCs right? Or do they just prefer the studious type on a personal level, perhaps viewing them as more "coachable".  
 
Come to the next Job Generation and you be the judge.
 
Thanks to the feedback, we've figured out how to tweak this model so it will really crackle with creative tension - we'll be doing several more events as iEvenings, at Business Schools and in other cities.

Job Generation - Like an Investor-in-Residence Program?

According to the New York Times, VC’s spend thousands on Investor-In-Residence programs. Job Generation makes it happen in front of you - and for a fraction of the price. By putting seasoned execs in front of Start-Ups to see what VCs think make them more investible we are doing much the same thing – but the for the benefit of the public.

Sign up for our first Job Gen iEvening event on March 18.

Job Generation: The next phase of the iBreakfast

As you know the business world has changed!

After 14 years of running the iBreakfast, the iEvening for Innovators, the Web 2.0 NY Conferences and number of associated events, we are changing with it.

Our audience has always been those executives following the Digital Media revolution. Now, in this jobless recovery, what they need are more jobs.

We don’t believe the government or any state organization can make that happen, although they can certainly help. What really makes a difference is when entrepreneurs develop a new market or find news ways to solve persistent problems.

Often these great ideas needed help and our industry has generally viewed capital as the key driver.

We think that has changed. Today, start-ups can launch for a fraction of what they once required. On a relative basis, that means business expertise and contacts are worth more than start-up capital.

So the iBreakfast is launching a series of events and media initiatives to tap this shift. For the most part, they revolve around bringing seasoned execs in front of start-ups as a way to develop new business, employment and investor relationships. As we look back, these kinds of interaction have always taken place. Now, we are going to accelerate the process because we think it is the key to developing a new wave of employment opportunities.

So look out for announcements covering the following:

TV Show – will run to an audience of 50,000 on ours and partner websites
Local TV
Global Talk Weekly Radio Show
Job Generation Events
Business Opportunity Events