16.05.2013 22:50 Uhr, Quelle: iPodlounge

News: Cook talks Apple’s taxes ahead of Senate testimony

Apple CEO Tim Cook has spoken out on the company’s tax practices prior to his scheduled testimony at a Senate hearing next Tuesday. Under pressure over Apple keeping more than $100 Billion in money overseas, Cook told Politico that the company has acted legally. “I can tell you unequivocally Apple does not funnel its domestic profits overseas,” said Cook, “We don’t do that. We pay taxes on all the products we sell in the…

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