senate permanent subcommittee on investigations

senate permanent subcommittee on investigations

Apple Paid $6 Billion in Federal Income Tax in 2012, 1/40 of All U.S. Corporate Income Tax Collected

www.macrumors.com
The New York Times reports on a congressional investigation into the tax policies of technology giants, including Apple. The Senate Permanent Subcommittee on Investigations is nearly finished with a year-long investigation into the methods that large technology companies use to avoid paying U.S. corporate income tax. Apple, for its part,...
Apple Paid $6 Billion in Federal Income Tax in 2012, 1/40 of All U.S. Corporate Income Tax Collected
Tax-dodging tech companies escape $225B as Senate calls for reform

New Documents Shed Light On Lethal Last Days Of WaMu

consumerist.com
Remember in Sept. 2008, when Washington Mutual went from being the sixth-largest bank in the U.S. to the biggest bank failure in U.S. history? Well, newly released documents show just how reckless and money-grubbing WaMu was in its final months -- and how some employees were reaping huge rewards...
New Documents Shed Light On Lethal Last Days Of WaMu

Tim Cook Talks Taxes (Video)

allthingsd.com
Last week, Apple CEO Tim Cook appeared before the Senate Permanent Subcommittee on Investigations to defend Apple’s utterly legal tax practices. Onstage at our D11 conference tonight, Cook said he viewed that appearance as “an opportunity, not a pain in the ass.” In the video below, he explains why and...
Tim Cook Talks Taxes (Video)
Senate hearing face-off proves anti-climatic

Uncle Sam to Microsoft: Please pay up on billions in avoided tax payments

www.geekwire.com
Uncle Sam may want a piece of Microsoft missed taxes. Photo via Wikipedia. This could get pretty ugly for Microsoft. A new report out by the U.S. Senate’s Permanent Subcommittee on Investigations has found that the software giant used subsidiaries in Puerto Rico, Ireland, Singapore and Bermuda to avoid more than $6.5...
Uncle Sam to Microsoft: Please pay up on billions in avoided tax payments
Ireland denies Senate claim of special 2% corporation tax deal for Apple - link to live coverage

Apple's Made-in-USA Mac Will Be Built in Texas

allthingsd.com
Walt Mossberg: Will there be an Apple product ever made again in the United States? Tim Cook: I want there to be. Walt: You what? Tim: I want there to be. Walt: You want there to be. – Apple CEO Tim Cook and Walt Mossberg at D10, May 2012...
Apple's Made-in-USA Mac Will Be Built in Texas
Apple and Samsung pay the same global tax rate

Rand Paul Blasts His Colleagues, And Says It's Outrageous That Apple Is Being Harassed About Its Taxes

www.businessinsider.com
Kentucky Senator Rand Paul went on a great rant during today's Senate subcommittee hearing on Apple's offshore tax practices, slamming his Congressional colleagues for even holding the hearing in the first place.  "Frankly, I'm offended by the tone and tenor of this hearing," Paul said, laying into those who take...
Rand Paul Blasts His Colleagues, And Says It's Outrageous That Apple Is Being Harassed About Its Taxes

Tumblr Porn, Tim Cook and the Problem With Big Data -- 10 Things You Need to See on AllThingsD This Week

allthingsd.com
In case you missed anything, here’s a quick roundup of the news that powered AllThingsD this week: As expected last week, Yahoo bought Tumblr for $1.1 billion in cash. And according to WordPress CEO Matt Mullenweg, some 72,000 blog posts were ported from Tumblr to WordPress within an hour of...
Tumblr Porn, Tim Cook and the Problem With Big Data -- 10 Things You Need to See on AllThingsD This Week
Congress Whacks Apple With The Tax Avoider Stick

Senators Levin, McCain accuse Apple of exploiting offshore tax havens

www.electronista.com
In the wake of Apple's published testimony, US Senators Carl Levin (D-MI) and John McCain (R-AZ) have released their own joint statement on the work of the Senate Permanent Subcommittee on Investigations. "Apple Inc. has used a complex web of offshore entities -- including three foreign subsidiaries the company claims...
Senators Levin, McCain accuse Apple of exploiting offshore tax havens
Congress Wants To Take A Tax Bite Out Of Apple
Best Little MacBook in Texas (here's where Apple is going for its U.S. manufacturing)

Jon Stewart on Tim Cook's Less-Than-Taxing Senate Reception

allthingsd.com
Apple CEO Tim Cook’s appearance before the Senate Permanent Subcommittee on Investigations earlier this week to defend Apple’s tax practices was a largely uneventful affair, particularly given the issues at hand. While the subcommittee panel described Apple on paper as an “egregious offender” that has “sought the Holy Grail of...
Jon Stewart on Tim Cook's Less-Than-Taxing Senate Reception
Senate probe accuses Apple of avoiding billions of dollars in taxes with offshore havens

Apple's tax strategy portrayed by Senate subcommittee as a unique 'absurdity'

appleinsider.com
In opening remarks of a hearing Tuesday morning, the U.S. Senate Permanent Subcommittee on Investigations accused Apple of being the mastermind of tax evasion practices that are unique to the iPhone maker.    ...
Apple's tax strategy portrayed by Senate subcommittee as a unique 'absurdity'

Ireland: We're Not Apple's "Holy Grail of Tax Avoidance"

allthingsd.com
If Apple has “sought the Holy Grail of tax avoidance” as Sen. Carl Levin (D., Mich.) of The U.S. Senate Permanent Subcommittee on Investigations claims, the company didn’t find it in Ireland. Because according to the Irish government, Ireland is “a highly tax compliant country.” And if it’s allegedly being...
Ireland: We're Not Apple's "Holy Grail of Tax Avoidance"

Apple publishes execs' opening statements from US Senate testimony

appleinsider.com
After Apple chief executive officer Tim Cook and chief financial officer Peter Oppenheimer appeared before the U.S. Senate Permanent Subcommittee on Investigations to explain the tech giant's offshore tax practices, the company has made available the opening statements as read in testimony.    ...
Apple publishes execs' opening statements from US Senate testimony

Apple Pays No Tax on Much of Its Overseas Income, Senate Panel Finds

allthingsd.com
Apple Inc. has set up corporate structures that have allowed it to pay little or no corporate tax—in any country—on much of its overseas income, according to the findings of a U.S. Senate examination released Monday evening. The unusual result is possible because the iPhone maker’s key foreign subsidiaries argue...
Apple Pays No Tax on Much of Its Overseas Income, Senate Panel Finds

Apple publishes official testimony ahead of Cook Senate appearance

www.electronista.com
A day ahead of CEO Tim Cook's planned appearance in front of the US Senate, Apple has published its official testimony (PDF) for the Senate Permanent Subcommittee on Investigations. In the document, the company lobbies for corporate tax reform, specifically arguing that the government should be "revenue neutral, eliminate all...
Apple publishes official testimony ahead of Cook Senate appearance
× Just a test of the new info bar. What do you think?