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Apple, former Washington wallflower, now at center of tax fight

By Andy Sullivan, Gabriel Debenedetti and Poornima Gupta WASHINGTON (Reuters) – For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America’s tax code. Chief Executive Tim Cook, who was called before the Senate Permanent Subcommittee on Investigations on Tuesday to answer questions about Apple’s alleged tax avoidance, used his appearance to plead for an overhaul of corporate taxes. …


Quoted from Apple, former Washington wallflower, now at center of tax fight on Gadgets News Headlines – Yahoo! News

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