Apple built a tax home on an island you've probably never heard of

An island nestled between France and the United Kingdom is reportedly home to a significant portion of one of the most powerful tech corporations on the planet.

Jersey rests in the English Channel, a bit closer to France than the U.K., and, according to information obtained by the German media outlet Süddeutsche Zeitung, distributed by the International Consortium of Investigative Journalists, and published by The New York Times, it is the tax home to subsidiaries of Apple that helps the company limit what it pays in corporate taxes.