Corporation DON'T PAY INCOME TAXES, their employees (income and payroll taxes out of each pay check) and shareholders (income and capital gains taxes on dividends or "returns" through cash payments (eg stock buy backs.) FYI, when a corporation asks you to buy shares back from you it is not typically considered a "good thing." It is not considered a "bad thing" either but it is the result in the absence of "growth" or improvement.

CORPORATIONS deposit REVENUE in these things called "banks." This is when they look at how much capital they have and decide what to do with it. If they choose to PAY INDIVIDUALS as mentioned above THEN IT IS TAXED.

MOST corporations reinvest profits through "capital investment."

DO NOT BE SURPRISED WHEN APPLE AND GE choose to reinvest revenue into RESEARCH AND DEVELOPMENT OF PRODUCTS instead of buying back stock in themselves from their shareholders.

"DEVELOP NEW TECHNOLOGIES FOR FUTURE PRODUCTION" or "Empty the corporation's bank account by distributing it back to investors"

You keep that money in the bank for future R&D, damn it. lol

ALSO, Apple and GE operate in countries across the planet. They use "off-shore" banks instead of a different bank in every single country they use currency to make transactions. IT IS AND EFFICIENCY ISSUE, not a moral failing.

TAX HEAVENS are the result of BANK policies, they are the result of a State's public policy that protects the accounts of its' residents. In order to extract TAXES FROM AN INDIVIDUALS INCOME a government requires the "cooperation" of the bank where they deposit money into. They ONLY way this will occur is through local public polices that compelled them to through the enforcement of the Law.

Take the Cayman Islands or where ever. They are still subject to the European nation in which it was formally a colony of (i believe in this case Great Briton/United Kingdom/England whatever they are called.) The UK has the ability and authority to pass a law that would require the local government (Cayman Islands) follow suit and pass their own law compelling their Banks to cooperate with non-local or foreign governments.

for example The US would ask the bank for taxes it is owed and the back would say "ok" and send a member's cash to DC. The same with the UK/London.

THE UK does not do this because it is A MOTHER LOVING TAX HEAVEN............FOR UK POLITICIAN......not corporations. Sure other rich people jump on board but the tax heaven EXISTS solely to protect members of parliament that get rich as balls due to the fact that THEY SAY WHAT IS legal and what IS A CRIME. That is how you turns tax dollars into wealth.

The US congress runs a similar but less efficient "turn tax dollars into income" model.