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 CEO Tim Cook traveled to Washington, DC last week to meet with Congressional leaders, according to Fortune. While there, Cook met with House Speaker John Boehner (R-Ohio), Senate Majority Leader Harry Reid (D-Nev.), and Senate...
Apple CEO Tim Cook met with US Speaker of the House John Boehner at the US Capital today, as shared on Boehner’s blog earlier today. (via MacRumors)
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.
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...