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Read for free: Tim Cook told a US Senate hearing on Apple 's tax arrangements: "We pay all the ...


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Originally shared by Financial Times

 

Read for free: Tim Cook told a US Senate hearing on Apple's tax arrangements: "We pay all the taxes we owe, every dollar." Yet the Apple chief executive struggled to explain the tortuously complex set of Irish subsidiaries that leaves the company paying only about 2 per cent of tax on foreign earnings. http://on.ft.com/10lFE2h

 

What effect, if any, is this having on Apple's image?

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