Apple CEO: No Plans To Move $100 Billion Back To U.S.

Apple CEO Tim Cook states to a Senate panel Tuesday that under the current U.S. corporate tax code he has no plans to transfer $100 billion in company profits to the U.S. from overseas. Some analysts think this might push congress to make some changes in corporate tax code.

NBC News
May 22, 2013

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Apple CEO Tim Cook states to a Senate panel Tuesday that under the current U.S. corporate tax code he has no plans to transfer $100 billion in company profits to the U.S. from overseas. 

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