U.S. House Speaker John Boehner's office has released a picture of Boehner meeting with Apple CEO Tim Cook on Wednesday. While Boehner's staff didn't go into details about the meeting, MacRumors theorizes that Cook was lobbying for a tax holiday, allowing Apple to bring some of its offshore funds back into the U.S.
Fortune first reported in February that Apple was lobbying for a tax holiday to alleviate the 35% rate that repatriated funds are currently taxed at.
Apple Chief Executive Tim Cook met with Speaker of the U.S. House of Representatives John Boehner on Tuesday for reasons yet to be reported. Read Post
Tim Cook met with Speaker of the House John Boehner (R-OH) today. It is unknown what the topic of discussion was, but it's possible that Tim Cook was lobbying the Mr. Boehner to pass a tax holiday that would allow Apple and other co... Read Post
Apple CEO Tim Cook met with U.S. Speaker of the House John Boehner at the U.S. Capitol today. The details of the meeting remain unknown, but Cook was likely sweet talking Boehner to pass the the tax holiday Apple wants so it can bri... Read Post