Apple to argue for tax reform, defend tax practices on Tuesday

SAN FRANCISCO (Reuters) - Apple Inc will argue for comprehensive corporate tax reform when it goes before a Senate subcommittee on Tuesday, becoming the latest technology company to face questions over its offshore tax practices. In prepared testimony released ahead of Apple Chief Executive Tim Cook's hearing on Tuesday before the permanent subcommittee on investigations, Apple said it does not use "tax gimmicks" like moving intellectual property into offshore tax havens or using Cayman Islands bank accounts. ...

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