TODAY

TODAY   |  May 22, 2013

Apple CEO Tim Cook: ‘We pay all the taxes we owe’

The head of computing giant Apple is defending his company amid allegations that it avoids billions in U.S. taxes by shifting profits to subsidiaries overseas.

Share This:

This content comes from Closed Captioning that was broadcast along with this program.

>>> apple's ceo is defending his company amid allegations it avoids billions in u.s. taxes by shifting profits to subsidiaries overseas. testifying before congress tuesday, tim cook said, in his words, we pay all the taxes we owe, every single dollar. a senate subcommittee has accused apple of exploiting loopholes in the tax code .