Apple's strategy of keeping the majority of its income (64 percent in 2011) in subsidiaries located outside of the US, where it pays ultra-low taxes, has drawn criticism and scrutiny from US Senators, who held a hearing in May 2013 to question Tim Cook and other Apple executives about their company's tax practices.
Nov 13, 2013, 6:53 PM UTCJacob Kastrenakes
Apple reportedly under investigation for hiding over $1.34 billion from Italian tax authorities
Oct 15, 2013, 7:37 PM UTCNathan Ingraham
Ireland considers closing tax loopholes used by Apple and other tech companies
Jul 1, 2013, 6:34 PM UTCNathan Olivarez-Giles
Apple reportedly paid no corporate taxes in the UK last year
May 21, 2013, 4:42 PM UTCCarl Franzen
Tim Cook defends Apple's overseas cash: 'I'm not an unfair person, that's not who we are as a company'
May 21, 2013, 3:38 PM UTCCarl Franzen
Senators blast Apple in hearing for keeping most profits overseas
May 20, 2013, 9:46 PM UTCAdi Robertson
Senate probe accuses Apple of avoiding billions of dollars in taxes with offshore havens
May 20, 2013, 7:05 PM UTCAdi Robertson
Apple denies avoiding taxes, calls for reform in Senate testimony
May 16, 2013, 8:37 PM UTCCarl Franzen
Tim Cook defends Apple ahead of Senate hearing, reveals more about US manufacturing plans
May 16, 2013, 12:48 AM UTCJeff Blagdon
Tim Cook scheduled to testify to Senate about Apple's offshore tax practices
