Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: dennisw
The Senate Homeland Security Permanent Subcommittee on Investigations

And Apple's CEO voluntarily appeared before that committee under oath and SHOT that idiotic report down with the evidence that Apple paid the taxes on its income where it was earned.

Video of Tim's Cook's full testimony before Congress.

That report claimed, according to one US Senator, that Apple paid no US Income taxes because of the shenanigans with the Irish government. In actual fact, contrary to that report, Apple paid MORE US income taxes than any other corporation in 2012, accounting for one dollar of every forty dollars of business income taxes collected in 2012! So much for the accuracy of that incompetent report. Apple presented its audited US TAX RETURNS in evidence which proved the report false. Apple's effective tax rate in 2012 was approximately 27% of earnings.

21 posted on 09/28/2014 8:57:10 PM PDT by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
[ Post Reply | Private Reply | To 18 | View Replies ]


To: Swordmaker

http://www.valuewalk.com/2013/05/tim-cook-full-testimony-before-congress-video/ -—link corrected


22 posted on 09/28/2014 9:06:01 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson