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Apple is not only an innovative company in the technology field, but in the business sector too. Recently, senators have been vividly attacking Apples tax policy, accusing the company of not submitting to the US tax law. The Senate Permanent Subcommittee found that the tech giant apparently managed to dodge the holy American duty of paying taxes. The total sum has been calculated to $9 billion and applies to the year 2012.
Tim Cook has appeared before the Subcommittee in an attempt to shed some light on the situation. He argued that his company is a major taxpayer and last year $6 billion have been pledged to the​​ U.S. government.
We expect to pay even more this year. We play all the taxes we owe, stated the Apple CEO.
Leaving this official testimony aside, mister Cook was pretty well received in Capitol Hill. Even head chairman Carl Levin who presided the case against Apple, admitted he owns an iPhone and is very happy with it. In fact he called it a terrific instrument.
Other senators approached Cook to ask some tech specific questions instead. For example, John McCain asked the Apple CEO to explain the necessity for constant app upgrades. Cook replied very politely: Sir, we try to make them better all the time.
The Apple boss also met New Hampshire Republican Senator, Kelly Ayotte, who was thrilled to make his acquaintance and confessed she too owns an Apple device this time, an iPad. So, as far as we can see, Apple might find a lot of supporters amongst the Senators in Capitol Hill that could help with resolving the tax issue.
Source: WSJ
