Apple's Cook faces Senate questions on taxes

Apple's Cook faces Senate questions on taxes

In this Wednesday, Sept. 12, 2012 photo, Apple CEO Tim Cook speaks during an introduction of the new iPhone 5 in San Francisco. Cook is scheduled to testify on Capitol Hill Tuesday May 21, 2013, to explain the company’s tax strategy, which a Senate subcommittee says lets it avoid paying billions of dollars in taxes. (AP Photo/Eric Risberg, File)

WASHINGTON (AP) — A Senate panel says Apple Inc. is avoiding billions of dollars in U.S. taxes by shifting profits …read more

Source: Yahoo Technology Feed

 

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