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Tag Archive: Permanent Subcommittee on Investigations

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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