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Report: Apple revamped overseas ops to find new tax havens

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FILE - In this Monday, Nov. 16, 2015, file photo, a man walks into one of Apple's authorized premium resellers' outlets in Singapore. Apple revamped its overseas subsidiaries to take advantage of tax loopholes on the European island of Jersey after a crackdown on Ireland’s loose rules began in 2013, according to The New York Times and the International Consortium of Investigative Journalists. (AP Photo/Wong Maye-E, File)

Apple revamped its overseas subsidiaries to take advantage of tax loopholes on the European island of Jersey after a crackdown on Ireland’s loose rules began in 2013, according to The New York Times and the International Consortium of Investigative Journalists .