Tim Cook to testify at US Senate on taxes

Statement by Apple spokesman Steve Dowling:

“Apple is one of the largest taxpayers in the United States, having paid $6 billion in federal corporate income tax in fiscal 2012,” Dowling said in a statement. “We also help create hundreds of thousands of jobs in the U.S. by keeping our R&D in California and creating category-defining products like the iPhone, iPad and the app store, which has generated billions of dollars in sales for software developers.”

If they are going to ask Apple about its offshore money, they should ask the politicians too.

  • jacksonsquire

    They should ask all companies, politicians… really all rich people.

    Or maybe just fix the tax code where that’s not possible in the first place. But, that’d require Congress’ actually doing something.

    • dr.no

      Those with the Gold make the rules. They never loose and They never ask for Justice or fairness.

      Stupid Liberal ideals.

  • Agreed on asking politicians!

  • Macneil Shonle

    A bit late to work as a stimulus, but a tax holiday to repatriate such holdings would make a lot of sense.

    • dr.no

      They already gave a holiday to companies after 9/11. it didn’t help any. Next idea.

  • dr.no

    Politician are already bribed by Companies. What exactly are you asking. Congress has already put in loopholes is all tax law for itself and companies.