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Apple CEO Makes His Case, Defends His Company in Washington

Started by blogger, May 22, 2013, 09:01:14 AM

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Apple CEO Makes His Case, Defends His Company in Washington

Apple Chief Executive Tim Cook addressed a Senate hearing on Tuesday that was largely convened to explore how Apple uses foreign subsidiaries to allegedly shelter billions of dollars in income from U.S. taxes. Not surprisingly, Cook defended both Apple and its tax practices. “We pay all the taxes we owe â€" every single dollar,” Cook [...]

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