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Tag Archive: Apple

Apple lobbies on taxes more than any other subject


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Ahead of a hearing at the Senate Permanent Subcommittee on Investigations tomorrow at which its CEO, Tim Cook, is the star witness, computer, tablet and smartphone manufacturer Apple has preemptively released his prepared remarks defending the company's tax practices, which include pooling $100 billion overseas, away from the grasping hand of the Internal Revenue Service. 

The prepared testimony does not mention the more than $14.5 million Apple has spent on lobbying the federal government since 1998, nor that taxes top the list of issues the company has raised, according to data in Influence Explorer. One of the bills ...

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Big lobbyists battle for big and small clients over Dodd Frank fee cap


As the House Committee on Financial Services readies for next week's hearings to discuss new regulations for the banking industry, lobbyists lined up to battle over the changes, extending a battle between small banks, big banks and big retailers.

In a letter submitted to Congress on Tuesday, Feb. 8, the American Bankers Association said the potential changes, "will cause severe harm to the entire banking industry and, in particular, to community-based banks and the communities they serve."

The ABA's dire warning is a response to proposed regulations by the Federal Reserve on debit card and credit card fees ...

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