17.05.2013 02:06 Uhr, Quelle: The Unofficial Apple Weblog

Tim Cook talks Apple's tax situation ahead of next week's Senate hearing

Earlier this week we reported that Apple CEO Tim Cook is slated to testify at an upcoming Senate hearing focusing on the offshore tax practices of American corporations. As it stands now, Apple currently has over $100 billion holed up overseas that it's hesitant to repatriate due to less than ideal U.S. income tax rates. What's more, Apple employs a number of accounting mechanisms to both delay and lessen its tax liability. With his congressional debut just a few days away, Tim Cook sat down for a rare interview with the Washington Post where he explained his plan to sugg

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