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Macintosh News => Apple News => Topic started by: HCK on May 16, 2012, 07:00:28 am



Title: Tim Cook Meets With Speaker of the House John Boehner
Post by: HCK on May 16, 2012, 07:00:28 am
Tim Cook Meets With Speaker of the House John Boehner
      



      

Tim Cook met with Speaker of the House John Boehner (R-OH) today. It is unknown what the topic of discussion was, but it's possible that Cook was lobbying Boehner to pass a tax holiday that would allow Apple and other companies with large overseas tax holdings to bring back their earnings at a lower corporate tax rate.





As of its most recent earnings call, Apple held $74 billion of its $110 billion in cash and marketable securities offshore.


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http://www.macrumors.com/2012/05/15/tim-cook-meets-with-speaker-of-the-house-john-boehner/