Forget trying to make Apple pay higher taxes. How about if we don’t make them pay any taxes at all? Mitt Romney got roundly mocked for saying, “corporations are people, too,” but he had a point. Talk to tax economists … Continue reading ?
Over the past couple of days, we have talked quite a bit about Apple Inc. (NASDAQ:AAPL)’s tax practices and where the Cupertino based company stands as it moves forward. While Apple claims that it is doing everything according to the law, there are people on both sides of the fence. Not sure of what Apple [...]
Talk about going to the top for tech support: After grilling Apple CEO Tim Cook about his company’s tax strategy, the senator skipped a trip to the Apple store and went straight to the big boss for customer service. “I’m out of time, but what I really wanted to ask was why the hell I [...]
As everybody knows, a constant refrain of the far-right GOP establishment is a desire to cut taxes for the wealthy while cutting benefits for the poor. The ideological right talks about benefits for the poor as "welfare" but never talks...
In a few hours' time, MEPs will divide on a motion that was supposed to be about deterring aggressive tax avoidance, but is really about tax harmonisation. The British Government's reasonable proposals for better exchange of information on what multi-nationals are paying – proposals that were supposed to be global rather than European in their [...]
So today Apple CEO Tim Cook appeared before a Senate panel to talk about that whole tax thing people have been talking about, and Sen. John McCain, man of the people, asked Cook a question we’d all probably like to ask him. “Why theShow More Summary
We talk a lot about reputation here at Marketing Pilgrim. After all, our founder, Andy Beal has quite a reputation himself in the fast growing field of reputation management, monitoring and online listening. With that in mind we often see stories a little bit differently than some. Today’s case in point is the tax avoidance [...]
Tim Cook on Tuesday morning appeared before Congress to talk about Apple's tax practices, with a specific focus on Apple's foreign stash of cash. As it stands now, the bulk of Apple's revenue is derived from overseas sales. Consequently,...Show More Summary
Apple CEO Tim Cook and CFO Peter Oppenheimer are in Washington D.C. this morning to talk to a Senate subcommittee about Apple’s off-shore cash hoard. The Apple execs are expected to face a lot of heat surrounding Apple’s Irish subsidiary that has 0 employees but Apple funneled 64% of its earning through it without paying any [...]Show More Summary
ByMoney Investor: It is one of the most widely covered stories in the market today, that of Apple (AAPL) and its massive cash hoard that is trapped outside of the United States. The debate over the strategy Apple should employ with regard...Show More Summary
Apple CEO Tim Cook is appearing before Congress tomorrow to talk about the company's taxes and offshore profits. It looks like it's going to be a showdown in D.C. between Apple and Senators who think it's conducting shady business to avoid paying taxes. Show More Summary
Apple CEO Tim Cook is scheduled to appear before a Senate committee tomorrow morning to talk about Apple’s off-shore cash that’s now worth over $100 billion. Last week, Cook stated that his company believes the entire U.S. corporate tax system needs to be overhauled to encourage companies like Apple to bring earnings from overseas back [...]Show More Summary
It wasn't all that long ago that President Obama used to talk earnestly about the need for a "balanced approach" o deficit reduction. You might figure that a balanced approach would mean matching every $1 in spending cuts with a $1 in tax revenue, but Obama was actually more draconian. Show More Summary
Eric Schmidt gets buddy buddy with David Cameron, Apple's Cook talks taxes, while indie retailers talk shop, Internet Week New York and the CM Summit kick off, the Ethernet turns 40, PandoMonthly features legendary investor John Doerr, Art Basel goes to Hong Kong… This week’s notable news and startup events for young treps:
Julian Block has delivered the 2013 edition of “Tax Tips for Marriage and Divorce,” the previous edition of which I reviewed favorably in Julian Block Talks Tax with Married, Divorced, and Other Couples. This edition is no less worthwhile,...Show More Summary
Earlier this week we reported that Apple CEO Tim Cook is slated to testify at an upcoming Senate hearing focusing on the offshore tax practices of American corporations. As it stands now, Apple currently has over $100 billion holed up overseas that it's hesitant to repatriate due to less than ideal U.S. Show More Summary
Tim Cook is going to Washington to talk taxes and overseas cash holdings, and the Apple CEO is heading to the hill with a message: We pay every dollar that we owe.
Apple CEO Tim Cook has spoken out on the company’s tax practices prior to his scheduled testimony at a Senate hearing next Tuesday. Under pressure over Apple keeping more than $100 Billion in money overseas, Cook told Politico that the company has acted legally. Show More Summary
Apple CEO Tim Cook is going to appear before Congress next week to talk about its overseas profits, cash, and taxation. Ahead of his appearance, Cook is doing a round of interviews with political reporters to lay the groundwork for what he'll be speaking about. Show More Summary
Talk of state tax reform is in the air, with Senate Republicans releasing their proposal last week. JLF President John Hood offers up an assessment, finding that while the proposal has many good points, it is not ideal: Because the Senate plan seeks to replace income-tax revenue with a broadened sales tax, it picks unnecessary [...]