U.S. Senator Rob Portman from Ohio has just raised a fascinating point at today’s Senate Sub-Committee Hearing to Examine Offshore Profit Shifting and Tax Avoidance by Apple Inc. The American corporate tax system is so broken that Apple is at a competitive disadvantage against Samsung when it comes to the taxes it pays globally, and [...]
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Despite increasing competition from the likes of Samsung and Google, Apple continues to be the world’s most valuable brand, according to the latest annual BrandZ report from Millward Brown. The Cupertino company was one of three technology firms in the top five, with Google and IBM placed in second and third respectively. Apple’s brand value [...]
Apple executives are testifying before the U.S. Senate Subcommittee today on tax evasion practices, specifically on routing funds offshore to avoid the U.S. government’s 35% corporate tax rate. This is the highest single tax rate in the world, and Apple has avoided paying billions in U.S. taxes by storing more than two thirds of its [...]
Apple CEO Tim Cook is scheduled to appear before a Senate committee tomorrow morning to talk about Apple’s off-shore cash that’s now worth over $100 billion. Last week, Cook stated that his company believes the entire U.S. corporate tax system needs to be overhauled to encourage companies like Apple to bring earnings from overseas back [...]
Apple CEO Tim Cook is scheduled to appear before the U.S. Senate Permanent Subcommittee tomorrow as part of a probe into tax evasion strategies among American corporations. Apple released its official testimony for the hearing earlier today, noting that is is one of the biggest taxpayers in the country. Among the witnesses tomorrow will be Apple [...]
How loyal are you to Apple? New research shows that Apple has the most loyal and devoted customer base in the computer business. Forrester recently conducted a survey to determine how loyal the average computer owner is to a given company. While 85% of worldwide customers don’t claim loyalty to a certain brand (defined in the [...]


The eBook publishing price-fixing scandal raised its fugly head again this week when the US Justice Department filed documents in advance of the June 3 trial in New York.

