I’ve been on the road a lot today, any talk of Apple at the hearing?
latimes.com
You can tell the story of Apple’s success in just one word: innovation,” Cook said.
He added: “To our knowledge Apple is the largest corporate taxpayer in America. We paid $6 billion in cash to the U.S. Treasury — that’s $16 million each day. And we expect to pay even more this year.”
He stressed that despite a report from the subcommittee that Apple used its Irish subsidiaries to avoid billions in U.S. taxes: “We don’t depend on tax gimmicks.”
“We not only comply with the laws, but we comply with the spirit of the laws,” Cook said.