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CEO Cook To Defend Apple Before Senate Committee Hearing

Tue, May 21, 2013 8:24am

Story by John Ydstie




Listen to this story on npr.org »

Apple is paying billions of dollars less than it should in U.S. taxes each year, according to a report by the Senate Permanent Subcommittee on Investigations. The report says Apple avoids billions in tax payments mainly by shifting profits to three subsidiary companies in Ireland.

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