Report Apple Ceo Tim Cook To Testify In Senate Hearing On Offshore Tax Practices Next Week
Politico reports today that it has learned Apple CEO Tim Cook is expected to testify at a Senate hearing next week related to an investigation into the offshore tax practices of the company: Apple spokesperson Steve Dowling provided Politico with the following statement: The hearing is part of the panel’s continued examination of how companies shift profits offshore and how that impacts the tax code. Representatives from Microsoft and Hewlett-Packard testified in September 2012 in a hearing on the same topic....