Apple

Panel: Apple Uses Firms Outside U.S. to Avoid Taxes

(WASHINGTON) — Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.

The world’s most valuable company is holding overseas some $102 billion of its $145 billion in cash, and an Irish subsidiary that earned $22 …

$610,000

— Amount paid at a charity auction to have coffee with Apple CEO Tim Cook.
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